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Express News | Orient: The automotive industry is expected to maintain a relatively high level of prosperity.
HK Stocks News | Sinotruk (03808) fell more than 3%, overall sales volume of heavy trucks in October fell short of expectations.
Sinotruk (03808) fell by more than 3%, as of the press release, down 8.01% to HK$98.8, with a turnover of HK$52.2751 million.
In October, China's heavy truck market sales were approximately 0.063 million vehicles, with the industry performing averagely.
In October 2024, the sales volume of heavy-duty trucks in China was approximately 0.063 million vehicles (wholesale basis, including exports and new energy), an increase of 9% month-on-month, but a decrease of 22% compared to the same period last year, which was 0.0811 million vehicles, a decrease of about 0.018 million vehicles.
Performance: sinotruk (03808.HK)'s subsidiary Jinan Truck earned 1.25 billion Chinese yuan in the first three quarters, a year-on-year increase of 38.6%.
sinotruk (03808.HK) announced the performance of its subsidiary Jinan truck in Shenzhen A by the end of the first three quarters of this year, with revenue of 33.587 billion yuan according to Chinese accounting standards, an increase of 9.2% year-on-year; net profit of 1.25 billion yuan, an increase of 38.6% year-on-year. (js/w)~
Sinotruk: The third-quarter net income attributable to the parent increased nearly double year-on-year, expected to fully benefit from industry growth.
On the evening of October 30, Sinotruk (000951.SZ) released the third quarter report of 2024. During the reporting period, the company achieved revenue of 9.186 billion yuan; realized a net income attributable to the parent company of 0.315 billion yuan, a year-on-year increase of 97.88%; achieved a non-net profit attributable to the parent company of 0.274 billion yuan, a year-on-year increase of 87.82%. The company's revenue for the first three quarters reached 33.587 billion yuan, a year-on-year growth of 9.18%; achieved a net income attributable to the parent company of 0.934 billion yuan, a year-on-year growth of 42.48%; realized a non-net profit attributable to the parent company of 0.856 billion yuan, a year-on-year growth of 34.07%. The company's operational quality remains
SINOTRUK: ANNOUNCEMENT OF UNAUDITED FINANCIAL INFORMATION OF A SUBSIDIARY
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