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Sinotruk Ji’nan Truck Reports Profit Surge
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Sinotruk Ji’nan Truck Reports Profit Surge

Sinotruk Hong Kong (DE:4SK) has released an update.

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Sinotruk Ji’nan Truck Co., Ltd., a subsidiary of Sinotruk Hong Kong Limited, has reported an increase in its unaudited financial results for the first half of 2024, showcasing a significant growth in revenue to RMB 24.4 billion from RMB 20.2 billion and a rise in net profit to RMB 844.5 million from RMB 678 million in the previous year. The financials, which reflect the company’s performance under PRC accounting standards, will be officially released on August 23, 2024. Sinotruk Hong Kong maintains a 51% shareholding in Ji’nan Truck.

For further insights into DE:4SK stock, check out TipRanks’ Stock Analysis page.

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