In the first three quarters, Weichai achieved an operating revenue of 46.915 billion yuan, an increase of 84% over the same period of last year, and a net profit attributable to the parent company of 4.8 billion, an increase of 101.5% year-on-year. The EPS for the first three quarters was 5.76 yuan. The rapid growth of Weichai’s operating revenue was mainly driven by the rapid growth of the heavy truck and construction machinery market. Weichai’s adjustment of the sales of heavy-duty truck engines in 2010 increased by 63%, and it accounted for approximately 2% in the heavy-duty truck industry throughout the year. Weichai Holdings's Shaanxi Heavy-Duty Trucks performed well, with a cumulative increase of 72.8% from January to September, directly boosting Weichai's performance. In addition, the growth of construction machinery engines is also very strong. Weichai is a leading heavy-duty diesel engine company and has seized the opportunities for rapid growth in the heavy-duty truck industry. In 2010, we are expected to take the lead in mass promotion of new WP12 products. In the future, we hope to further integrate the heavy truck industry chain and improve Weichai's competitiveness. There are revisions in regulations for GB1589-2004 and GB7258-2004 in the heavy-duty truck industry in 2011. If it is revised in 2011, it will help increase the industry's updating demand, and the upgrade of emission regulations is expected to be implemented in 2012 or 2013. Hedging the adverse effects of real estate regulation on the industry. Aluminum Extruded Profile,Aluminum Profile,Aluminum Extruded Profile WINDUS ENTERPRISES INC. , http://www.yk-diecasting.com
Weichai Power: Focus on the Competitive Situation of 12L Engines