华兴资本：上调华润啤酒目标价至44港元评级“买入”

市场资讯05-10

华兴资本发表报告，引述华润啤酒管理层指，虽然去年比较基数高、近日华南地区天气不稳定，但仍维持全年啤酒业务的展望，目标为销量持平，而平均售价有低至中单位数增长，并重申对于今年毛利率提升有信心，主要因为产品组合改变，销售及推广开支比率保持稳定。管理层指，首季天气不稳定的负面影响，将会被体育活动旺季的推广所抵销。该行指其收入增长稳定，维持对其盈利预测不变，因应行业气氛改善，将今年企业价值与税息折旧及摊销...

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华兴资本：上调华润啤酒目标价至44港元 评级“买入”

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华兴资本：上调华润啤酒目标价至44港元评级“买入”