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《大行》建銀國際升同程旅行(00780.HK)目標價至27.2元 次季業績略勝預期
建銀國際發表研究報告指,同程旅行(00780.HK)第二季業績表現穩健,收入符合預期,經調整淨利潤略勝預期。展望2025年第三季,該行預期酒店收入勢頭將維持穩定,有助抵銷交通票務業務放緩的影響。 建銀國際認爲,高利潤率的酒店業務貢獻上升,加上營銷效率及營運槓桿改善,將繼續推動利潤率提升,目前預測第三季收入將繼續按年增長10%至55億元人民幣,經調整後淨利潤將按年增長17%至10.6億元人民幣,相應將目標價從25.9元上調至27.2元,維持「跑贏大市」評級。
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