安信国际此前则表示，特许经营权给公司带来了业绩稳固的基本盘，烟叶价格处于上升周期、卷烟出口的恢复性增长都给公司带来了增长动力。未来新型烟草业务的扩张，以及可能的收并购将成为潜在的增长引擎。该行预计24/25/26年公司收入将达到131/144/158亿港元，净利润达到9.04/9.73/10.86亿港元。CTIHK (06055) rose more than 5%, as of press time, up 5.15%, at HKD 15.1, with a turnover of HKD 29.6484 million.
According to the Wisdom Wealth News App, CTIHK (06055) rose more than 5%, as of press time, up 5.15%, at HKD 15.1, with a turnover of HKD 29.6484 million.
Tianfeng Securities believes that the company is the designated international business expansion platform and exclusive operating entity for related trade business of China Tobacco Corporation. In the future, it will seize the opportunity of domestic cigar demand growth, optimize the procurement mode of cigar raw materials, actively explore the development mode of taxed cigarette business, expand the scale of self-operated business and further enhance its profitability. By 2023, the company's cigarette export business will achieve revenue of HKD 1.209 billion, a significant increase of 876% year-on-year.
AXIN International previously stated that the franchise brings the company a solid performance base, and rising tobacco leaf prices and the resumption of export growth of cigarettes have brought growth momentum to the company. The expansion of new tobacco businesses in the future, as well as possible mergers and acquisitions, will become potential growth engines. The bank expects the company's revenue to reach HKD 13.1/14.4/15.8 billion and net profit to reach HKD 0.904/0.973/1.086 billion in 2024/25/26 respectively.