Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Real-Time Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
03898 CRRC TIMES ELEC
RTNominal up27.400 +0.100 (+0.366%)
Others

28/08/2019 10:16

{I-bank focus}Daiwa cuts CRRC Times Elec (03898) to HK$34

[ET Net News Agency, 28 August 2019] Daiwa Research lowered its target price for
Zhuzhou CRRC Times Electric (03898) to HK$34 from HK$49 and maintained its "hold" rating.
The research house said CRRC's 1H net profit of CNY1,066m was well short of Daiwa's
full-year forecast, due to lower product deliveries, along with increased SG&A expenses.
The company foresees moderate net profit growth for 2019. Daiwa lowered its 2019-20 EPS
forecasts by 10-14% to reflect the weaker 1H results and its new revenue assumptions for
rolling stock delivery and new businesses. (KL)

Remark: Real time quote last updated: 24/01/2020 17:59
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2020 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.