HK Stock Movement | WEICHAI POWER (02338) Rises Over 4% on Strong Heavy-Duty Truck Sector and New Business Growth, Q3 Results Impress

Stock News
2025/11/05

WEICHAI POWER (02338) surged over 4%, reaching HK$17.66 by the time of writing, with a trading volume of HK$176 million. The company's Q3 report revealed robust performance, with revenue for the first three quarters hitting approximately RMB170.57 billion, up 5.32% year-on-year, while net profit attributable to shareholders rose 5.67% to RMB8.88 billion.

In Q3 alone, revenue grew 16.1% to RMB57.4 billion, and net profit jumped 29.5% to RMB3.23 billion. Analysts noted the heavy-duty truck sector's strong momentum in Q3 2025, with rising natural gas penetration driving a 16.1% revenue increase and a 26.7% rise in adjusted net profit.

Additionally, WEICHAI POWER's new energy power systems and AIDC large-bore engines saw rapid growth. New energy power system revenue surged 84% to RMB1.97 billion in the first three quarters, while large-bore engine sales exceeded 7,700 units, up over 30%, including a threefold increase in data center-related product sales.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10