Sinotruk reports 2024 results, proposes final dividend of HKD 0.55

Sinotruk (Hong Kong) Limited [HKEX: 3808] reports a robust financial year for 2024, highlighted by a revenue increase of 11.2% to RMB 95,062 million and profit attributable to equity shareholders rising 10.2% to RMB 5,858 million. The company’s heavy-duty truck segment revenue reached RMB 84,150 million, up 11.8% YoY, while light-duty trucks and others saw an 8.2% increase to RMB 11,162 million. These operational successes have been bolstered by green initiatives accelerating new energy expansion, and technology innovation.