Weichai Power 2011 2011 net profit of 5.597 billion yuan down 17%

Weichai Power released its annual report on March 30, 2012. In 2011, the company's profit was 5.597 billion yuan, a year-on-year decrease of 17.48% and earnings per share of 3.36 yuan.

In 2011, the company's total operating revenue was 60.019 billion yuan, a year-on-year decrease of 5.15%.

The company stated that due to the adjustment of the heavy truck market, during the reporting period, the company sold 318,400 heavy truck engines , a year-on-year decrease of 23.09%, but its market share remained stable.

In 2011, the company plans to distribute 2 bonus shares for every 10 shares, and distributes a bonus dividend of 1 yuan (including tax).

In 2012, the company expects sales revenue of about 66 billion yuan, an increase of about 10%.

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