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Sinotruk Reports Substantial Growth in H1 2024

Sinotruk Reports Substantial Growth in H1 2024

Sinotruk Hong Kong (DE:4SK) has released an update.

Sinotruk Hong Kong Limited reported a strong financial performance for the first half of 2024, with unaudited interim results showing a significant increase in revenue and profit compared to the same period in 2023. Gross profit rose to RMB 7.16 billion, up from RMB 6.52 billion, while overall profit for the period increased to RMB 3.60 billion from RMB 2.60 billion, reflecting robust growth for the company. Basic and diluted earnings per share also improved, reaching RMB 1.20, up from RMB 0.85.

For further insights into DE:4SK stock, check out TipRanks’ Stock Analysis page.

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