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SINGAPORE , Feb. 27, 2024 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), one of the largest powertrain solution manufacturers through its main operating subsidiary in China, Guangxi Yuchai Machinery Company Limited ("GYMCL"), wishes to announce today its unaudited consolidated financial results for the 2023 second half year ("2H 2023") and fisc...
- Earnings Call to Begin at 8:00 A.M. EST - SINGAPORE , Feb. 13, 2024 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), announced today that it will be releasing its 2023 unaudited second half and full year financial results on Tuesday, February 27, 2024 before the market opens for trading.
Heavy duty truck sales in Mainland China are expected to grow by a mid-teens percentage this year based on third-party projections. The analysts are too bearish on CYD's prospects, forecasting a +9.9% top-line expansion in FY 2024 which is way below that of the industry's expected growth rate. I think that CYD stock is undervalued, as it currently trades at low-single-digit EV/EBITDA and mid-si...
SINGAPORE , Dec. 31, 2023 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company), one of the largest powertrain solution manufacturers through its main operating subsidiary in China, Guangxi Yuchai Machinery Company Limited ("GYMCL"), today announced that GYMCL has recently entered into an agreement with Beijing Liandong Jinyuan Management Technology Co....
SINGAPORE , Nov. 3, 2023 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") today announced that the Board of Directors has appointed Mr. Wong Hong Wai as a member of Audit Committee and Mr.
China Yuchai's key peer, Weichai Power, recently announced a positive earnings alert. Heavy duty truck sales volume in China jumped by +66% YoY in September 2023. CYD's new powertrain is expected to allow the company to win more orders associated with the agricultural end-market.
SINGAPORE , Oct. 20, 2023 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), one of the largest powertrain solution manufacturers through its main operating subsidiary in China, Guangxi Yuchai Machinery Company Limited ("GYMCL"), today announced that Yuchai Xin-Lan New Energy Power Technology Co., Ltd. ("Yuchai Xin-Lan"), has introduced a 350-horse...
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