研报掘金丨华源证券：维持华峰铝业“买入”评级，静待重庆基地贡献成长动力

中金财经04-13

华源证券研报指出，华峰铝业25年销量营收共振提升，静待重庆基地贡献成长动力。25年度实现营收124.87亿元(同比+14.8%)；归母净利润12.02亿元(同比-1.3%)。盈利方面，25年净利率9.63%(同比-1.57pct)，实现归母净利润12.02亿(同比-1.3%)，受部分铝制品出口退税取消，以及现有热轧瓶颈产能不足导致成本攀升，利润增长有所承压。公司重庆基地项目升级为15万吨高端板带箔...

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