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Weichai Power Co Ltd (000338.SZ)

000338.SZ on Shenzhen Stock Exchange

11.19CNY
26 May 2017
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Thu, Apr 27 2017

BRIEF-Weichai Power says existing shareholders to increase capital of Shandong Heavy Finance Leasing

* Existing shareholders to increase registered capital of shandong heavy finance leasing by aggregate amount of RMB180 million

BRIEF-Weichai Power qtrly net profit RMB1.18 billion

* Qtrly revenue RMB34.99 billion versus RMB18.88 billion Source text : (http://bit.ly/2qb0IQ0) Further company coverage:

BRIEF-Weichai Power expects to record an increase of about 140% to 170% in net profit

* Expected to record an increase of about 140% to 170% in net profit attributable for three months ended 31 march 2017

BRIEF-Weichai Power sees Q1 net profit up 140-170 pct

* Says it sees Q1 net profit up 140-170 percent y/y to 1.1-1.2 billion yuan ($159.77-$174.30 million)

BRIEF-Weichai Power to pay 2.5 yuan per 10 shares and to distribute 10 shares for every 10 shares as 2016 dividend

* Says it will pay 2.5 yuan per 10 shares and to distribute 10 shares for every 10 shares as 2016 dividend

BRIEF-Weichai Power says Li Dakai resigned as executive director

* Li Dakai has tendered his resignation as an executive director Source text for Eikon: Further company coverage:

BRIEF-Weichai Power's 2016 net profit up 72.9 pct

* Says 2016 net profit up 72.9 percent y/y at 2.4 billion yuan ($348.41 million)

Kion CEO says does not expect Weichai to hike stake further

HEUSENSTAMM, Germany German forklift truck maker Kion does not expect its Chinese shareholder Weichai Power to increase its stake beyond its current level of around 43.3 percent, its chief executive told Reuters.

BRIEF-Weichai Power sees 2016 net profit up 55 pct to 80 pct

* Sees net profit for 2016 up 55 percent to 80 percent, or to be 2.15 billion yuan to 2.5 billion yuan

BRIEF-Weichai Power expects increase of about 55% to 80% in FY net profit

* Expected to record an increase of about 55 pct to 80 pct in net profit attributable to shareholders of parent for year ended 31 Dec 2016

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