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穆迪首次授予中裕燃氣(03633.HK)評級「Ba3」 展望穩定
阿思達克 05-21 16:27
評級機構穆迪表示,首次給予中裕燃氣(03633.HK)「Ba3」評級,展望為穩定,同時向中裕燃氣擬發行的美元票據授予「Ba3」的高級無抵押債務評級。

穆迪副總裁兼高級分析師吳家榮稱,中裕燃氣在中國城市,特別是在河南和河北省的燃氣分銷業擁有區域性市場地位,天然氣銷售增長往績良好,加上有產業政策支持,預期將繼續推動燃氣業務強勁增長。

穆迪預計,今、明兩年中裕燃氣的天然氣銷售年增長率將達到約20%,主要受現有項目已恢復業務活動,及新收購項目將帶來新增長點等因素所支持,並估計未來3年中裕燃氣每年資本支出將為15億至20億港元,2021至2023年運營資金對債務比率將為10%至11%,留存現金流對債務比率將為8%至9%。

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