大摩：同程旅行(00780)第四季利润胜预期维持“增持”评级及目标价29港元

智通财经03-25

智通财经APP获悉，摩根士丹利发布研报称，同程旅行(00780)第四季收入较该行预期高出2%，核心OTA业务收入同比增长17.5%，符合市场预期。毛利率达65.9%，同比提升2.4个百分点，主要来自高利润的住宿业务占比提升。经调整净利润为7.8亿元人民币，较该行预期高6%，同比增长18%；尽管第四季度营销费用大幅增加23%，净利率同比扩张0.5个百分点。全年派息每股0.25港元，同比增长39%。...

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大摩：同程旅行(00780)第四季利润胜预期 维持“增持”评级及目标价29港元

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大摩：同程旅行(00780)第四季利润胜预期维持“增持”评级及目标价29港元