Changes in Hong Kong stocks | Sinotruk (03808) rose nearly 4%, heavy truck sales continued to rise in August, institutions are optimistic about industry prosperity

Zhitongcaijing · 09/03 02:33

The Zhitong Finance App learned that Sinotruk (03808) rose nearly 4%. As of press release, it had risen 3.81% to HK$23.46, with a turnover of HK$45.264,600.

According to the news, according to preliminary data obtained by the First Commercial Vehicle Network, in August 2025, China's heavy truck market sold a total of about 84,000 vehicles (wholesale caliber, including exports and new energy), a slight decrease of 1% from July this year, and an increase of about 35% over 62,500 vehicles in the same period last year. This is also the fifth consecutive rise in the heavy truck market since April of this year. According to Guolian Minsheng Securities, as the industry enters the golden, nine and silver peak season, the bank believes that the possibility of wholesale sales of heavy trucks over 1 million units will increase further throughout the year, and is optimistic about the boom in the heavy truck industry in September and Q4.

In the first half of this year, Sinotruk achieved revenue of about 50.888 billion yuan, an increase of 4.21% over the previous year; profit attributable to the company's equity shareholders was about 3.427 billion yuan, an increase of 4.03% over the previous year. Interim dividend of HK$0.74 per share. According to BOC International, steady profit performance continues in the context of both revenue and profit growth, which is generally in line with market expectations. Despite heavy truck demand under pressure and a slowdown in export growth in the first half of the year, Sinotruk relied on efficient cost management and a stable dividend policy to deliver steady results. The bank is optimistic that Sinotruk, as the industry leader, will benefit from the recovery in heavy truck sales in the second half of the year.