大行評級|花旗:重申時代電氣“買入”評級 軌道運輸業務表現強勁
花旗研究的報吿指,時代電氣公佈了強勁的2024年首季業績,儘管期內獲利按年增幅低過中國中車。公司的純利按年升30%至5.68億元,主要帶動2024年首季營收按年升27%以及毛利率較去年同期上升1.6個百分點。該行指,與2023年之前幾季不同,時代電氣旗下軌道交通業務首季錄得按年升44%,取替了新興裝備業務成為首季增長的主要動力,亦與管理層看法一致。該行亦認為,毛利率錄得按年升1.6個百分點,主要是由於有利的產品組合變化,高毛利率的軌道交通業務佔2024年首季總收入54%(其在2023 年首季為48%)。該行重申對時代電氣的“買入”評級,目標價為33.3港元。
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