On May 26, SINOTRUK (03808.HK) rose 3.03% in regular trading, trading at HK$38.84/share, with trading volume of HK$139 million.
On the news front, Industrial Securities recently issued an Overweight rating on the company, forecasting net profit of RMB 1.96 billion. Over the past six months, a total of 13 institutions have published research reports on SINOTRUK, with 8 recommending Buy, projecting an average net profit of RMB 2.016 billion — a 21.04% year-over-year increase.
Industry data remains robust. Cumulative domestic heavy truck sales from January to April reached 435,000 units, up 23% year-over-year, with April alone recording 117,000 units sold, a 33% year-over-year surge. The company's natural gas heavy trucks posted cumulative sales of 19,100 units, up 42% year-over-year, lifting market share to 23.2% and securing the second position in the industry. Additionally, export sales accounted for over half of total volume during January-April, with significant growth in Africa and Southeast Asia markets. Management has maintained full-year export growth guidance of over 15%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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