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’ 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…