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On July 15, the reporter learned from the forecast for the first half of the year announced by China National Heavy Duty Truck Group Jinan Truck Co., Ltd. that the profit growth of Sinotruk in the first half will exceed 3 times.
The recovery of the heavy truck market in the first half of the year has brought a significant increase in the performance of China National Heavy Duty Truck. The company's interim results forecast is expected to be net profit attributable to shareholders of listed companies in the first half of the year is approximately RMB 157 million to RMB 176.80 million, an increase of 300% to 350% compared with the same period of last year. China National Heavy Duty Trucks stated that in the report period, the company has increased the overall profitability of the company by increasing cost control measures, reducing the scale of loans, and optimizing the loan structure.