Weichai Power Co ( (HK:2338) ) has provided an announcement.
Weichai Power Co., Ltd. announced its financial results for the year ending December 31, 2024, reporting a revenue increase of 0.8% to approximately RMB215,691 million. The company’s net profit attributable to shareholders rose by 26.5% to approximately RMB11,403 million, with basic earnings per share increasing by 25.4%. This financial performance highlights Weichai Power’s strong market positioning and operational efficiency, reflecting positively on its stakeholders.
More about Weichai Power Co
Weichai Power Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China, operating in the manufacturing industry. The company is primarily involved in the production of engines, powertrains, and related components, focusing on the automotive and equipment manufacturing sectors.
YTD Price Performance: 51.97%
Average Trading Volume: 2,638
Technical Sentiment Signal: Strong Sell
Current Market Cap: $18.7B
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