TIMES ELECTRIC Up Over 3% as CICC Says 1Q26 Results Steady with Solid Rail Transit Growth

AASTOCKS News
2026.04.29 03:58
portai
I'm LongbridgeAI, I can summarize articles.

TIMES ELECTRICshares rose over 3% following a report from CICC indicating steady 1Q26 results with solid rail transit growth. The company reported operating revenue of RMB5.102 billion, up 12.45% YoY, and a net profit of RMB643 million, up 1.91% YoY. CICC maintained its forecasts for net profit at RMB4.7 billion and RMB5.2 billion for 2026 and 2027, respectively, with an Outperform rating and a target price of HKD44, suggesting a 19.8% upside from the current price.