FAST NEWS: CIMC Vehicles profit soars on strong North America business
The latest: Container truck manufacturer CIMC Vehicles (Group) Co. Ltd. (1839.HK; 301039.SZ) reported on Wednesday its revenue rose 28.3% to 6.58 billion yuan ($950 million) in the first quarter of this year, while…
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FAST NEWS: CIMC Vehicles’ profit leaps on global business rebound
The latest: Container truck manufacturer CIMC Vehicles (Group) Co. Ltd. (1839.HK; 301039.SZ) said on Wednesday its first-quarter net profit jumped between 239% and 314% year-on-year to 422 million yuan ($61.3 million) to 516…
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FAST NEWS: CIMC Vehicles’ Controlling Shareholder Boosts Stake
The latest: Container truck manufacturer CIMC Vehicles (Group) Co. Ltd. (1839.HK; 301039.SZ) announced on Thursday its controlling shareholder purchased 27.05 million of its shares in the open market between Dec.…
FAST NEWS: CIMC Profit Triples on Strong Overseas Sales
The latest: Container truck manufacturer CIMC Vehicles (Group) Co. Ltd. (1839.HK; 301039.SZ) announced on Tuesday its third-quarter net profit jumped 201% to 295 million yuan.Excluding non-recurring items, the profit was…
FAST NEWS: CIMC Vehicles Slumps as Pandemic Slams Brakes on Truck Demand
The latest: Container truck manufacturer CIMC Vehicles (Group) Co. Ltd. (1839.HK; 301039.SZ) announced its revenue fell 25.3% to 5.13 billion yuan ($782 million) in this year’s first quarter, while its profit…
FAST NEWS: CIMC Vehicles Surges, Then Fades After Citigroup Cuts Stakeholding
The latest: Citigroup cut its stake in China's leading container truck maker CIMC Vehicles (Group) Co. Ltd. (1839.HK; 301039.SZ) by approximately 37.53 million shares on Nov. 12, leaving it with only…