【天风交运】秦港股份:吞吐量超预期,盈利有望上行

发掘交运价值
Aug 27, 2025

Q2 吞吐量增速回升到 9%2025Q1 秦港股份吞吐量 同比下滑 3%,其中核心品类煤炭 同比下滑4%、金属矿石同比下滑 5%,市场担心煤炭和铁矿石需求见顶,秦港股份吞吐量会持续下滑。2025Q2 秦港股份吞吐量同比增长 9%,其中煤炭同比增长 12%、金属矿石同比增长 6%,扭转了下滑势头。2025Q2 秦港股份的煤 炭吞吐量 回升,得 益于大秦 铁路煤炭 运量增速从 Q1 的-5.6%回升到...

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