Weichai power takes the first place for earning profits
(chinatrucks.com, Sep 1, 2010) Profits of each share for listing company at the first half of 2010 is ascertained. Weichai Power is earning the profits at the first place at each share.
Weichai Power, as one of the large power diesel engine manufacturers, has earned the profits 3322,400,000 Euros at the first half of 2010. It has increased 110% by same time. Net profit is 323,500,000 Euros, and it has increased 165% by same time.
Further more, the publication also displays that the first three months’ net profit shall be increased 70% to 120%.
Although there is some uncertainty of macro economy and heavy truck development at the second half of 2010, sales volume of Weichai Power in 2010 is still increasing 40%.
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