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ChinaScope Financial
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ChinaScope is the financial data and analytics platform for global financial professionals seeking critical quantitative and qualitative information on China. Our platform covers raw and processed data and information on companies, industries and the macro economy. We help our clients gather and... More
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  • WEICF.PK - Weichai Power: 2012 Net Profit Down 46.6 Percent YoY 0 comments
    Mar 21, 2013 11:14 PM | about stocks: WEICF


    Prepared by ChinaScope Financial | Source: Company Disclosure
    • Weichai Power Company Ltd. (02338: HKG; 000338: SHE) announced that company net profit attributable to common shareholders for 2012 decreased 46.6 percent year-on-year (YoY) to CNY 2.99 billion. Company operating revenue decreased 19.8 percent YoY to CNY 48.2 billion.


    • In 2012, the company sold a total of 636,000 heavy-duty trucks, down 27.8 percent YoY, and the sales of heavy-duty truck engines decreased 34.8 percent YoY to 207,500 units.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: WEICF
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