大行评级丨里昂：维持银河娱乐“跑赢大市”评级，续列为行业首选股

中金财经02-27

里昂发表研报指，银河娱乐2025财年第四季经调整EBITDA按年飙升33%至43亿港元，较该行及市场预测高出3%；末期息增60%至0.8港元，全年派息率扩张1,100个基点至61%。该行指出，虽然贵宾厅赢率较平常高，为银娱带来7.31亿港元EBITDA正向影响，但由于竞争压力加剧，其经调整利润率仍稳定维持在27.2%。　　该行表示，由于预期银娱的资本开支会在今年达到高峰，料派息率将可持续...

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