Summary by Futu AI
Weichai Power released the third quarter report for 2024 on October 30, 2024. The report shows that the company's revenue decreased by 8.82% compared to the same period last year, while the net profit attributable to the shareholders of the listed company decreased by 4.00%. Net cash flow from operating activities decreased by 32.72% year-on-year. Both basic earnings per share and diluted earnings per share were 0.30 yuan, a decrease of 3.99% from the same period last year. During the reporting period, the company did not undergo financial audit. Weichai Power stated that the changes in financial data this quarter were mainly influenced by increased sales volume, improved operational performance, and accounting policy changes in response to the new corporate accounting standards issued by the Ministry of Finance. At the end of the reporting period, Weichai Power had a total of 254,416 ordinary shareholders, with Hong Kong Securities Clearing Company Limited being the largest shareholder with a 22.22% stake.