《大行》高盛降雅生活(03319.HK)目标价至2.25元 评级“中性”

阿斯达克财经
Apr 08

高盛发表研究报告指,雅生活服务(03319.HK) 2025年核心纯利按年跌21%至7.28亿元人民币(下同),略低于该行预期,主要由于毛利率按年收缩2个百分点至13%(较该行预期低1个百分点),以及销售及行政开支优化进度慢于预期。按年扭亏,全年纯利1.05亿元,较2024年净亏损33亿元有所好转,但仍逊该行预期,主要由于期内应收账款减值5.38亿元。该行下调雅生活服务2026至2028年净利润及...

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