News Column

Weichai Heavy Machinery H1 Net up 6.55%

September 1, 2014

SHANGHAI, September 1, SinoCast -- Weichai Heavy Machinery posts that it made CNY 34.22 million net profits in the first half, up 6.55% year on year; it recorded CNY 0.12 earnings per share.

The company gained CNY 1.5 billion incomes, up 34.88% thanks to sales growth.

The company shows that the limited profit growth was attributed to weak shipbuilding industry and losses strategic products incurred.

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Source: Sinocast Machinery & Industrial Goods Beat (China)

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