Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Weichai Power Co ( (HK:2338) ) just unveiled an announcement.
Weichai Power Co., Ltd. announced its interim financial results for the six months ending June 30, 2025, reporting a slight revenue increase of 0.6% to approximately RMB113,152 million. However, the company experienced a 4.4% decrease in net profit attributable to shareholders, amounting to RMB5,643 million, reflecting challenges in maintaining profitability amid rising costs and expenses. This financial performance may impact Weichai’s market positioning and stakeholder confidence as the company navigates the competitive landscape.
The most recent analyst rating on (HK:2338) stock is a Buy with a HK$18.30 price target. To see the full list of analyst forecasts on Weichai Power Co stock, see the HK:2338 Stock Forecast page.
More about Weichai Power Co
Weichai Power Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China, operating within the manufacturing industry. The company is known for producing powertrain systems, including engines, transmissions, and axles, focusing on the automotive and equipment manufacturing sectors.
Average Trading Volume: 8,620,698
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$143.9B
See more data about 2338 stock on TipRanks’ Stock Analysis page.