北京控股公布06年中期业绩,上半年公司营业额增长19.7%至34.16亿元,纯利大幅下降95.7%至0.14亿元,扣除特殊收益因素,盈利实际增长14%至2.42亿元。公司基建、公用事业盈利前景稳定,啤酒业务表现逊于预期,收购北京燃气进展较预期缓慢。现价吸引力一般,投资评级由“买入”调低至“中性”。 Beijing Enterprises announced its 2006 interim results. In the first half of the year, the company’s turnover increased by 19.7% to RMB3,416 million and its net profit dropped significantly by 95.7% to RMB14 million. After deducting special revenue factors, its actual earnings increased 14% to RMB242 million. Company infrastructure, utilities earnings prospects stable, beer business performance worse than expected, the acquisition of Beijing gas progress slower than expected. Prices are attractive at the moment, and the investment rating is lowered from “Buy” to “Neutral.”