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花旗:中资电讯股今年资本开支及盈利指引令人惊喜
格隆汇 04-06 13:41

花旗发表报告表示,中资电讯股去年业绩大致符合预期,并指今年资本开支及盈利指引令人有意外惊喜。该行指,中移动(0941.HK)去年纯利符预期、中电信(0728.HK)纯利轻微低预期,但公司对今年资本开支及盈利指引均正面。

该行指,中资电讯股今年资本开支指引按年升12%,中移动及中电信将各升8.4%及9.6%,联通(0762.HK)更按年升24.1%,中资电讯股今年5G网络总体资本开支共1,560亿人民币,低于市场预期。

花旗表示,中资电讯股现金回报持续改善,中移动去年分派比率按年升7个百分点至56%。中电信去年派息按年持平及派息比率为44%。而联通去年派息比率40%(按年持平),但每股派息则按年升10%。

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