China Yuchai reports Q2 EPS 83c vs. 61c last year

Reports Q2 revenue $1.45B vs. $1.29B last year. Weng Ming Hoh, president of China Yuchai, commented, “We achieved higher revenue, operating profits and earnings per share compared with the same period last year. These results were generated by a rise in unit sales across the commercial truck and bus sectors, as well as growth in our performance in the off-road markets. Our diverse engine portfolio serves our on-road and off-road customers, including those in the industrial, agricultural and power generation market segments. Our key joint ventures also provided higher contributions to net profits in the period.”