logo
Plus   Neg
Share
Email

China Yuchai International Q2 Profit Rises

China Yuchai International Limited (CYD) reported that total net profit attributable to China shareholders for the second-quarter ended June 30, 2017 was RMB 131.5 million (US$19.4 million), or earnings per share of RMB 3.23 (US$0.48), compared with RMB 123.7 million, or RMB 3.15 per share in the same quarter in 2016.

Operating profit decreased by 0.6% to RMB 241.6 million or US$35.7 million from RMB 243.0 million in the second quarter of 2016.

Net revenue for the second quarter of 2017 increased by 11.7% to RMB 4.1 billion or US$604.2 million compared to RMB 3.7 billion last year.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Alphabet's subsidiary Loon LLC has secured its first commercial deal - to deliver 4G internet access to remote areas of Kenya using high-altitude balloons. Loon will partner with Telkom Kenya to deliver connectivity to parts of Kenya. Telkom Kenya announced Thursday that it has signed a definitive agreement with Loon to pilot a new 4G/LTE access network service in Kenya. The Cow Calendar era is coming to an end. Chick-fil-A said it is axing one of its well-loved products, the Cow Calendar. The 2018 Cow Calendar will be the chicken chain's last calendar. Chick-fil-A first launched the Cow Calendar in 1998 that featured cows as a new tool to convince people to eat more chicken. The calendars were popular not just for the pictures of funny Chick-fil-A cows. Japanese telecom giant Nippon Telegraph and Telephone or NTT has filed a patent for a blockchain technology-based new contract agreement method. NTT, the world's fourth-largest telecom provider, explains the ways to use the application to store contracts without tampering documents.
RELATED NEWS
Trade CYD now with 
Follow RTT