On March 31, Weichai Power Co., Ltd. (hereinafter referred to as "Weichai" or the "Company") released its audited annual results (before December 31, 2013) announcement.
Announcement shows that in 2013, Weichai"s operating income was 58.312 billion yuan, an increase of 21.07% over 2012; net profit attributable to shareholders of listed companies was 3.571 billion yuan, an increase of 19.38%; basic earnings per share of RMB 1.79 yuan, an increase of 19.33%.
In 2013, thanks to the gradually stabilized macroeconomic situation, the continuingly rebounding fixed asset investment, the rapid development of logistics industry and other factors, the heavy truck industry achieved some recovery. The annual total sales were 774,100, an increase of 21.7%. Under this influence, the company sold a total of 280,000 heavy-duty truck engine units, an increase 34.9 percent, taking up the market share by 36.2%, an increase of 3.6%, remaining a leading position in the industry.