大行评级｜星展：下调华润电力目标价至22.6港元维持“买入”评级

格隆汇2025-08-07

星展发表研究报告指，华润电力去年新增11.6GW可再生能源产能，并计划于今年再增加10GW装机，以及约6GW的热能装机。该行认为，公司的扩张计划较预期更进取。由于今年上半年公司的发电量增长3.6%，低于预期，因此将今年的发电量增长预测下调8.4个百分点，现估计今明两年的增长率介乎4%至9%。该行指出，煤炭价格大幅下跌，预期燃料成本将减少8%，从而纾缓部分电费下调压力，预计公司整体经营溢利率将由...

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大行评级｜星展：下调华润电力目标价至22.6港元 维持“买入”评级

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大行评级｜星展：下调华润电力目标价至22.6港元维持“买入”评级