大摩表示，将中车今明两年盈利预测上调1%至2%，但将2026年盈利预测削减4%，意味着2024年至2026年各年纯利将同比分别增长17.5%、增长10.4%以及下降0.7%。Credit Suisse raises its profit forecast for CRRC Corporation (01766) by 1% to 2% for the next two years.
According to the research report released by Credit Suisse, it maintains a 'shareholding' rating for CRRC Corporation (01766) and raises the target price from HKD 5.6 to HKD 6.2.
The report states that the company's second quarter profit grew by 12% year-on-year, slightly higher than the bank and market expectations of 5% to 6%. It believes that with the steady growth of the high-speed train delivery and maintenance business, the company's profit growth momentum can be sustained until the second half of the year.
Credit Suisse stated that it has raised its profit forecast for CRRC Corporation by 1% to 2% for the next two years, but has lowered its profit forecast for 2026 by 4%. This means that the net profit for each year from 2024 to 2026 will increase by 17.5%, increase by 10.4%, and decrease by 0.7% year-on-year, respectively.
