京东健康料今年增长保持强劲，评级“与大市同步”

摩根士丹利03-10

一、公司业绩表现强劲京东健康(06618)在截至去年12月底的全年业绩中表现出色，第四季度收入同比增长27%，超出市场预期4%。调整后营业利益同比增长246%，与预期相符，而调整后净利润增长30%，优于其他收入指标。尽管如此，摩根士丹利预计今年净利润可能持平。基于此，大摩给予京东健康目标价70港元，并“与大市同步”的评级。二、管理层对业务护城河的信心京东健康管理层认为，公司在严格履约标准的药品领域...

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