《大行》星展降润燃(01193.HK)目标价至24.3元 评级“持有”

阿斯达克财经
May 23, 2025

星展银行研究报告,指华润燃气(01193.HK) 首季供气量增长受暖冬严重影响,工业需求仍续疲弱。该行认为润燃管理层设定的2025财年供气量增长4%至5%的目标具挑战性,且美国关税影响尚未反映,后续仍有下行风险等,因此该行将增长假设下调1.3个百分点,至2%。星展下调润燃目标价,由原先27元降至24.3元,评级“持有”。报告提及润燃受益于多元化采购策略,2025财年单位毛利提升每立方米1分人民币的...

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