Sinotruk’s Ji’nan Truck Reports Strong Financial Growth in 2024
Sinotruk Hong Kong Limited announced strong financial results for its subsidiary, Ji’nan Truck, for the year ending December 31, 2024. The subsidiary reported a revenue of RMB 44.93 billion and a net profit of RMB 1.87 billion, indicating significant growth compared to the previous year. This performance highlights the company's strong market position and operational efficiency in the heavy-duty truck manufacturing sector.
The latest announcement is out from Sinotruk Hong Kong ( (HK:3808) ).
Sinotruk Hong Kong Limited announced the audited financial results for its subsidiary, Ji’nan Truck, for the year ended December 31, 2024. The subsidiary reported a revenue increase to RMB 44.93 billion and a net profit of RMB 1.87 billion, reflecting strong financial performance compared to the previous year. This growth underscores the company’s robust market position and operational efficiency, potentially benefiting stakeholders and enhancing its competitive edge in the truck manufacturing industry.
More about Sinotruk Hong Kong
Sinotruk Hong Kong Limited operates in the automotive industry, primarily focusing on the manufacturing and distribution of heavy-duty trucks. The company has a significant market presence in China, with its subsidiary Ji’nan Truck listed on the Shenzhen Stock Exchange.
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