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Haitong International released the logistics research report of China Eastern Airlines, the freight rate is falling, the profit growth pressure, the comprehensive logistics solution strength is gradually showing
2023/4/13 16:40:34

Every AI Express, Haitong International published a research report on April 13 that gave China Eastern Logistics (601156.SH, latest price: 15.12 yuan) better than the market rating. Reasons for rating mainly include: 1) declining air freight rate, slowing revenue in 22 years and pressure on profit growth; 2) The strength of comprehensive logistics solutions in sub-sectors is gradually showing, and the revenue and profit increase; 3) Orderly expansion of shipping capacity, continuous optimization of route and ground service network, optimistic about new development under the company's advantage combination. Risk tips: macroeconomic development is not as expected, oil prices rise sharply, industry competition.

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