大行评级丨招银国际：上调极兔速递目标价至14.7港元，上调盈利预测

中金财经04-01

招银国际发表研报指，极兔速递2025年经调整税后溢利按年升112%至4.25亿美元，较该行及市场预期高22%及16%。该行估算2025下半年经调整溢利为2.72亿美元，按年增长151%。值得注意的是，新市场的经调整EBIT于年内转正。强劲业绩增强了该行对公司全球增长的信心。　　该行对其2026及2027年盈利预测分别上调5%及9%，因东南亚包裹量增加及整体单位利润率上升；目标价由13.4...

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