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<Research>CICC Drops LEAPMOTOR's TP to HKD78; 3Q Results in Line
Recommend 5 Positive 3 Negative 6 |
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According to a CICC research report, LEAPMOTOR (09863.HK) delivered results that met the broker's expectations for 3Q25. LEAPMOTOR logged a surge of 97.3% YoY in its revenue to RMB19.45 billion. Its net profit attributable to shareholders reached RMB150 million, compared to a net loss in the same period last year. In 1-3Q25, its net profit amounted to RMB180 million. CICC kept an Outperform rating on LEAPMOTOR but trimmed its target price by 12.6% to HKD78. AAStocks Financial News |
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