Yuchai Group Maintains Sustained Good Momentum in First Three Quarters
On October 31, 2017 Performance Analysis of First Three Quarters was held in Yuchai Group. Relevant information comprehensively releases that the guiding principle of “Value Efficiency, Ensure Safety and Safeguard Health” is implemented, the operation performance of the group maintains good momentum, the optimization of business structure yields prominent effect, and capability of control and risk resistance is effectively improved.
In the first three quarters, the sales revenue reached over RMB 26 billion, a year-on-year growth of 17.67%. Meanwhile, 15 subsidiaries under the group system have yielded remarkable year-on-year growth in sales revenue, and 8 subsidiaries have gained significant year-on-year increase in net margin. Among key subsidiaries, Guangxi Yuchai Logistics Group Co., Ltd. obtained a year-on-year growth of 38% in operation revenue, in which the increase rate of commercial vehicle approached 90%; the gross profit rate and net profit rate of logistics share saw prominent growth, and developed better operation capability compared with previous years; the sales volume of powered engine of Yuchai Group reached 74,900 units, contributing a sales revenue growth of over 21%; the sales revenue of Guangxi WatYuan Filtration System Co., Ltd. witnessed a year-on-year increase of over 13%, and 172 new products finished development laid a solid foundation for future development; various operational indicators of Guangxi Yuchai Special Purpose Vehicle Co., Ltd. was moving in the promising direction, with the operation revenue realizing a year-on-year substantial growth, diverse businesses achieving phased objectives in transformation, Demonstration Project on Intelligent Urban Waste Collection System implementing, and the current order of clean-energy engine automobile mounting to more than 2,000 units.
Views:0
- Yuchai's Engine Sales in North-west Africa Jumped 74.5% YOY in Jan. to Aug. 2022-09-21
- Yuchai Exports Went Up 49% YOY in First Eight Month of 2022 2022-09-13
- Yuchai Ignites China’s Largest and Most Powerful Hydrogen-fueled Engine 2022-07-14
- Yuchai Launches Its Internal Combustion Engine Fueled with Hydrogen 2021-12-24
- LIUGONG Mining Trucks Powered by Yuchai Engines to Be Exported to South America 2021-10-11
- Yuchai’s Exports to ASEAN Countries Saw a Growth of 70% in YTD Sales 2021-09-15
- Yuchai Engines Continue to Strengthen its Presence in Vietnam 2019-12-02
- Yuchai Exported 13L Heavy-duty Engines to Vietnam 2019-12-01
- Yuchai Subsidiary Establishes New Business Enterprise in Vietnam 2019-11-22
- Yuchai National VI Engines Achieve Its Annual Sales Target 2019-11-13
Submit Your Requirements, We Are Always At Your Service.
- World’s First All-electric Scania Car Transporter Goes into Service
- China’s First Mining Specialized Remote Sensing Satellite Launched
- SINOTRUK Delivers Full Year 2022 Results, Heavy Truck Sales Down 52.50%
- FOTON and Cummins Team up to Build a New Engine Plant in Thailand
- SANY Awarded as 2022 Forbes China TOP 50 Sustainable DEV Industrial Enterprises
- Daimler Trucks and Buses Signs Deal with XCMG Fire Fighting
- FAW Jiefang Sichuan Branch Was Officially Established
- Bus & Truck Expo Set to be Held in May 2023
- Yutong, SCG Signed MoU for Green Mining in Thailand
- CAT Displays Its First Battery Electric Large Mining Truck
- Half Year Review of Commercial Vehicle Sales
- China Exported 63,000 Trucks in May, Up 33% YoY
- Top 10 Best-selling Battery-swapping Heavy Trucks in China in April
- China Exported 158,000 Trucks in Q1, Up 41% YoY
- China’s Truck Exports Grew by 43.8% YoY to 46600 Units in Feb., 2023
- China’s Heavy Truck Sales Rising 29% YOY to 77200 in Feb
- China Exports 567,000 Trucks in 2022, Hitting a New High in a Decade
- China’s Pickup Exports Jumped 65% YOY in 2022
- China's Truck Exports Grew by 42% YOY to 53,000 Units in November
- Heavy Truck Sales in China Fell by 9% YoY to 46000 Units in Nov.
