Sinotruk posts strong interim growth, dividend amid leadership change

Sinotruk (Hong Kong) Limited reported a 4.2% year-on-year increase in revenue to RMB50,878 million for the six months ended June 30, 2025, driven by a recovery in heavy-duty truck (HDT) demand and robust export markets. Gross profit rose 7.0% to RMB7,662 million, resulting in a gross profit margin of 15.1%. Profit attributable to equity shareholders of the company increased by 4.0% to RMB3,427 million, with basic earnings per share at RMB1.25. The company also announced an interim dividend of HK$0.74 per share.

The company's HDTs Segment saw revenue of RMB44,229 million, a 4.0% year-on-year increase, with 136,514 units sold, up 9.2%. The LDTs and Others Segment contributed RMB7,252 million in revenue, a 7.1% increase, with 62,816 units sold, up 10.4%. The Engines Segment's revenue grew 7.6% to RMB7,576 million, selling 73,158 engines, a 37.1% increase.

In other developments, Mr. Liang Qing will retire as an independent non-executive director effective September 1, 2025. Mr. Gao Tianchao has been appointed as a joint company secretary, working alongside Mr. Kwok Ka Yiu, effective August 27, 2025. A subsidiary, Sinotruk Ji’nan Truck Co., Ltd., also reported strong performance, with net profit reaching RMB939,907,846.09.