Sinotruk Jinan Truck's H1 Profit Rises 25%, Operating Income Up 21%; Shares Climb 5%

MT Newswires Live08-23

Sinotruk Jinan Truck (SHE:000951) posted first-half net profit attributable to shareholders of 618.5 million yuan, or 0.53 yuan per share, up 25% from 496.1 million yuan, or 0.42 yuan per share, the previous year.

The truck manufacturer's operating income rose 21% year over year to 24.40 billion yuan from 20.19 billion yuan, according to a Friday filing with the Shenzhen bourse.

Sinotruk Jinan Truck declared a cash dividend of 2.91 yuan for every 10 shares.

Shares of the company rose 5% in recent trade.

Price (RMB): ¥15.01, Change: ¥+0.65, Percent Change: +4.53%

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