According to the Smart Finance APP, Sinotruk (03808) rose nearly 3%, as of the time of publication, it rose 2.28% to HK$19.7, with a turnover of HK$24.6306 million.

Furui released a research report stating that Sinotruk's performance in the first half of the year is consistent with the preliminary performance forecast, with a year-on-year increase of 18% in revenue and 38% in net income, reaching RMB 48.8 billion and RMB 3.3 billion, respectively. The company announced for the first time a mid-term dividend of HK$0.72 per share, with a dividend payout ratio of 55% and a yield of 7%. The bank believes that Sinotruk's ambitious electric vehicle strategy is ready and will achieve results. The target price has been raised from HK$25 to HK$27.2.

Citigroup stated that Sinotruk achieved a strong performance in the first half of the year, with a year-on-year increase of 18% in revenue and a 40% increase in net income, which is in line with the previously announced profit announcement. It is believed that this is due to steady growth of heavy-duty truck (HDT) and light-duty truck (LDT) sales by 15% and 14% respectively, accompanied by a 16% increase in average product price. At the same time, the company's cost control measures have been effective, improving the EBIT profit margin.