logo
Plus   Neg
Share
Email

China Yuchai International Q3 Profit More Than Halves - Quick Facts

China Yuchai International Ltd. (CYD) reported that total net profit attributable to China shareholders for the fourth quarter was RMB 50.33 million ($7.12 million), or earnings per share of RMB 1.23 ($0.17), compared to RMB 128.52 million, or RMB 3.15 per share in the same quarter in 2018.

Operating profit declined to RMB 175.83 million or $24.86 million from RMB 251.21 million or $35.52 million in the fourth quarter of 2017.

Net revenue for the quarter increased 3.7 percent to RMB 3.31 billion or $467.73 million from RMB 3.19 billion or $450.94 million last year.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Video streaming giant Netflix announced plans to significantly increase its investment in France with 20 new French productions, and partnerships with leading French creative institutions. Netflix on Monday opened its new headquarters in France, located in the heart of Paris. Netflix France currently... Toyota Motor Corp. has invested $394 million in U.S. electric air-taxi startup Joby Aviation as lead investor in the recent $590 million Series C financing. Toyota said it is continuing to leverage emerging technologies to provide "Mobility for All" as the lead investor as part of its transformation into a mobility company. As the world is facing severe consequences of increasing carbon emissions, Microsoft has announced various plans to tackle the issue. The company aims to reduce its own carbon emissions by more than half, and to be carbon negative by 2030. This means the company will remove more carbon than it emits each year. The company further announced a new $1 billion Climate Innovation Fund.
Follow RTT
>