HK Stock Market Move | Zhuzhou CRRC Times Electric (03898) opened more than 3% higher; third-quarter net profit attributable to shareholders was RMB1.09 billion, up 4.2% year on year.
Zhuzhou CRRC Times Electric (03898) opened more than 3% higher. As of press time, it was up 3.27% at HK$26.5, with turnover of HK$1.1625 million.
Zhuzhou CRRC Times Electric (03898) opened more than 3% higher. As of press time, it was up 3.27% at HK$26.5, with turnover of HK$1.1625 million.
On the news front, Zhuzhou CRRC Times Electric announced its results: revenue for the first three quarters was RMB20.82 billion, up 10.6% year on year; net profit attributable to shareholders was RMB2.81 billion, up 3.1% year on year. In the third quarter, the company's revenue was RMB7.75 billion, up 17.1% year on year; net profit attributable to shareholders was RMB1.09 billion, up 4.2% year on year. Compared with the 2026 interim report, the third-largest shareholder, China Chengtong Holdings Group Ltd., increased its holdings by 8.9 million shares to 13.34 million shares, accounting for 1.00% of total share capital.
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