Sinotruk Jinan Truck Q1 Profit Rises 13%; Shares Climb 3%

MT Newswires Live

04/30

Sinotruk Jinan Truck (SHE:000951) posted first-quarter net profit attributable to shareholders of 310.4 million yuan, up 13% from 274.0 million yuan the previous year.

Earnings per share rose to 0.26 yuan from 0.23 yuan, according to a filing with the Shenzhen bourse.

The truck manufacturer's revenue rose 13% year over year to 12.9 billion yuan from 11.4 billion yuan.

Shares of Sinotruk Jinan Truck rose 5% in recent trade on the Shenzhen bourse.

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