FAST NEWS: CIMC Vehicles to delist from Hong Kong on June 3
The Latest: Container truck manufacturer CIMC Vehicles (Group) Co. Ltd. (1839.HK; 301039.SZ) announced Thursday that its proposal to buy back all its Hong Kong-listed shares for HK$7.50 apiece has been accepted by…
FAST NEWS: CIMC Vehicles profit hits record on strong overseas growth, one-time gain
The latest: Container truck manufacturer CIMC Vehicles (Group) Co. Ltd. (1839.HK; 301039.SZ) reported Wednesday its net profit for the first half of 2023 surged 419% year-on-year to 1.9 billion yuan ($261 million),…
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…
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…
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 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…