花旗报告：京东物流Q4收入有望达634亿，维持“买入”但目标价略降

睿思01-06

睿思网讯：1月6日，花旗发表研究报告指，京东物流(02618.HK)将于3月初公布2025年第四季业绩，目前预测其季度收入可按年增长21.6%至634亿元人民币，高于市场预期的608亿元人民币，主要来自于一体化供应链业务及其他客户收入增长所带动。但考虑到市场竞争加剧、集团增加投资以及部分意外损失，花旗预测京东物流去年第四季毛利率将大致按年持平为约9.5%，经调整盈利料达22.7亿元人民币，低于市场...

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