Trade Sinotruk (Hong Kong) Limited - 3808 CFD

Sinotruk Company profile

About Sinotruk (Hong Kong) Limited

Sinotruk (Hong Kong) Limited is an investment holding company principally engaged in the research and development, manufacture and sales of heavy duty trucks. The Company operates its business through four segments. The Heavy Duty Trucks segment is engaged in the manufacture and sale of heavy duty trucks, medium-heavy trucks and related components. The Light Duty Trucks and Buses segment is engaged in the manufacture and sale of light duty trucks, buses and related components. The Engines segment is engaged in the manufacture and sale of engines and related parts. The Finance segment is engaged in the provision of deposits taking, borrowings, bills and notes discounting, entrustment loans and auto financing services.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Sinotruk (Hong Kong) Limited revenues decreased 5% to RMB93.36B. Net income decreased 37% to RMB4.32B. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Share of post-tax profits/ (losses) of a decrease from RMB54.6M (income) to RMB5.6M (expense). Dividend per share decreased from RMB0.88 to RMB0.55.