高盛：下调广深铁路(0525.HK)盈测 目标价降至3.4港元

Group 1 - Goldman Sachs reported that the net profit performance of Guangzhou-Shenzhen Railway (0525.HK) for the first half of the year met expectations [1] - The adjusted profit forecasts for 2019-2021 have been lowered by up to 4.2% to reflect the new international financial reporting standards regarding operating leases [1] - The target price for H-shares has been reduced from HKD 3.75 to HKD 3.4, while the target price for A-shares has been adjusted from RMB 4.4 to RMB 4.25, maintaining a "Buy" rating [1] Group 2 - Goldman Sachs indicated that with the completion of major maintenance cycles last year, related costs are expected to decrease, leading to a projected recovery in annual profits for Guangzhou-Shenzhen Railway [2]