富瑞研究报告指,美图(01357.HK) 发布2025年财务表现预告,指引归属于股东之Non-IFRS经调整利润将录得60%至66%按年增长;此预测中位数与市场共识相符。富瑞指,上述预测增长主要受核心业务如相片、影片及设计产品业务因全球付费用户数显著增长而带动营收快速增长、海外用户增长速度超中国市场、毛利增长速度快于营运费用增长速度,进而导致营运杠杆效应;予集团“买入”评级,H股目标价12.5港元...
Source Link富瑞研究报告指,美图(01357.HK) 发布2025年财务表现预告,指引归属于股东之Non-IFRS经调整利润将录得60%至66%按年增长;此预测中位数与市场共识相符。富瑞指,上述预测增长主要受核心业务如相片、影片及设计产品业务因全球付费用户数显著增长而带动营收快速增长、海外用户增长速度超中国市场、毛利增长速度快于营运费用增长速度,进而导致营运杠杆效应;予集团“买入”评级,H股目标价12.5港元...
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