大摩表示，时代电气第二季度初步业绩好过市场预期，纯利同比升31%至9.39亿元人民币，超出该行估算15%。大摩认为盈利增长主要因为动车交付增加，以及新业务稳定增长，在行业上升周期下，预期今年铁路设备业务增长稳健，下半年主要焦点为新动车及维修合约竞投，以及动车晶片模组IGBT产能增加的进度。Times Electric (03898) rose more than 4% in the afternoon. As of press release, it had risen 3.5% to HK$29.5, with a turnover of HK$89.3658 million.
The Zhitong Finance App learned that Times Electric (03898) rose more than 4% in the afternoon. As of press release, it had risen 3.5% to HK$29.5, with a turnover of HK$89.3658 million.
According to the news, Han Wenxiu, deputy director of the Central Finance Office, said that he is promoting independent operation of natural monopoly links and market-based reforms in competitive links in the energy, railway and other industries. According to data from China National Railway Group Co., Ltd., in the first half of the year, railways across the country completed fixed asset investment of 337.3 billion yuan, an increase of 10.6% over the previous year, reaching a record high for the same period.
Damo said that Times Electric's initial performance in the second quarter was better than market expectations, with net profit rising 31% year over year to 0.939 billion yuan, exceeding the bank's estimate by 15%. Damo believes that profit growth is mainly due to the increase in EMU deliveries and the steady growth of new businesses. Under the upward cycle of the industry, the railway equipment business is expected to grow steadily this year. The main focus in the second half of the year is bidding for new trains and maintenance contracts, and the progress of increasing IGBT production capacity for EMU chip modules.
