中银国际:降华润燃气(01193)目标价至23.38港元 评级“买入”

智通财经网
Aug 29, 2025

智通财经APP获悉,中银国际发布研报称,华润燃气(01193)上半年净利润同比下降30%至24亿元,低于预期,主要源于高于预期的销售、行政及管理费用及其综合服务业务表现不佳。该行表示,为了回馈股东,华润燃气计划维持全年股息不变,并将在今年内回购最多3%的股份,故将其目标价下调至23.38港元,维持“买入”评级。

该行预计,今年下半年华润燃气盈利将较上半年下降52%,主要是会计成本通常会在下半年大幅增加。经业绩调整后,该行将集团在2025至2027年盈利预测下调18%至19%。

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