China National Heavy Duty Truck's 2024 third quarter report released, sales increased significantly

Sinotruk released its third quarter financial report for 2024. The report showed that the company achieved revenue of 33.59 billion yuan in 24Q1-Q3, a year-on-year increase of 9.2%, and net profit attributable to the parent reached 930 million yuan, a year-on-year increase of 42.5%. Among them, the revenue of 24Q3 was 9.19 billion yuan, a year-on-year decrease of 13.2% and a month-on-month decrease of 29.2%, while the net profit attributable to the parent was 320 million yuan, a year-on-year increase of 97.9% and a month-on-month decrease of 8.4%. In addition, the company's non-operating income was 89 million yuan, a year-on-year increase of 998.4%.