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Sinotruk’s Ji’nan Truck Reports Strong Financial Growth in 2024

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Sinotruk’s Ji’nan Truck Reports Strong Financial Growth in 2024

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.

Find detailed analytics on 3808 stock on TipRanks’ Stock Analysis page.

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