China Yuchai International (CYD) posts strong FY2025 results on 29% unit-sales growth

SGX Filings
Feb 24

China Yuchai International Limited (CYD) reported unaudited results for the six months and full year ended Dec, 31 2025, showing robust gains across revenue, profit and engine unit sales.

Second-half revenue grew 33.5% year on year, while gross profit rose 58.4%. Operating profit almost tripled and basic earnings per share advanced 108.7%. Engine unit sales increased 28.7% to 210,913.

For the full year, revenue expanded 28.9%, gross profit climbed 44.3% and operating profit jumped 82.7%. Net profit attributable to shareholders increased 66.3%, lifting basic earnings per share by 74.4%. Total engines sold rose 29.4% to 461,309.

Growth was driven by truck and bus engine demand—truck engine sales surged 50.7% versus the market’s 5.9% gain—as well as a larger share of heavy-duty and high-horsepower models and cost-reduction measures.

As at Dec, 31 2025, the group held 7.9 billion in cash and bank balances against 2.0 billion in loans and borrowings.

Management highlighted rising overseas orders, record sales of high-horsepower engines to data centres and the January 2026 listing application for its marine and genset subsidiary in Hong Kong. A cash dividend of US$0.53 per share for FY2024 was distributed in Jul, 2025.

The company said final audited figures may differ from these unaudited results.

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