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Weichai Power Co Ltd (2338.HK)

2338.HK on Hong Kong Stock

13.00HKD
14 Jun 2019
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Latest Key Developments (Source: Significant Developments)

Weichai Power Says Q1 Net Profit Up 35.0 Percent Y/Y
Sunday, 28 Apr 2019 

April 28 (Reuters) - Weichai Power Co Ltd <000338.SZ>2238.HK::SAYS Q1 NET PROFIT UP 35.0 PERCENT Y/Y.  Full Article

Weichai Power Sees Increase Of About 10 Pct To 30 Pct In Net Profit Attributable For FY
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Weichai Power Co Ltd <000338.SZ>::EXPECTED TO RECORD AN INCREASE OF ABOUT 10% TO 30% IN NET PROFIT ATTRIBUTABLE FOR YEAR.  Full Article

Weichai Power Updates On Proposed Repurchase Of A Shares
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Weichai Power Co Ltd <000338.SZ>::UPDATES ON PROPOSED REPURCHASE OF A SHARES.ADJUSTED PRICE CAP OF SPECIFIC APPROVAL TO NOT EXCEED RMB14.75 PER A SHARE.IF SPECIFIC APPROVAL FULLY IMPLEMENTED TOTAL NUMBER OF A SHARES REPURCHASED TO BE ABOUT 33.9 MILLION.  Full Article

Kion CEO Says Sees Market Consolidation Continuing
Thursday, 1 Mar 2018 

March 1 (Reuters) - Kion CEO at news conference::SAYS M&A FOCUSED ON ENERGY, DIGITAL, AUTOMATION.SAYS CURRENTLY NO PLANS FOR LARGER ACQUISITIONS, MUST FIRST DIGEST DEMATIC.SAYS, COMMENTING ON CHINESE SHAREHOLDER WEICHAI, WE TRUST EACH OTHER, HAVE GOOD RELATIONSHIP.SAYS CONSOLIDATION TO CONTINUE, THERE ARE FAMILY-OWNED BUSINESSES CONSIDERING SUCCESSION.  Full Article

Weichai Power sees FY 2017 net profit to up 150 pct to 166 pct
Tuesday, 31 Oct 2017 

Oct 31(Reuters) - Weichai Power Co Ltd <000338.SZ> ::Says net profit for FY 2017 to up 150 percent to 166 percent, or to be 6.1 billion yuan to 6.5 billion yuan.Says FY 2016 net profit was 2.4 billion yuan .Says increased sales revenue as main reason for the forecast .  Full Article

Weichai Power's Q3 net profit up 316.1 pct y/y
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Weichai Power Co Ltd <000338.SZ>2338.HK:Says Q3 net profit up 316.1 percent y/y.  Full Article

Weichai Power issues debt securities for US$775 mln
Thursday, 7 Sep 2017 

Sept 8 (Reuters) - Weichai Power Co Ltd 2338.HK:issuance of US$775 mln 3.75 per cent. Senior guaranteed perpetual capital securities unconditionally and irrevocably guaranteed by the company .Weichai International Hong Kong Energy Group and guarantor entered subscription agreement with joint global coordinators & joint lead managers.Subscription agreement in connection with issue and sale of securities.  Full Article

Weichai Power's unit proposes offering of securities to professional investors
Friday, 1 Sep 2017 

Sept 1 (Reuters) - Weichai Power Co Ltd <000338.SZ>:Unit proposes to conduct an offering of securities to professional investors.Net proceeds of proposed issue to be used to repay bank borrowings in connection with group's acquisition of shares in Kion Group A.  Full Article

Weichai Power announces change in accounting policy
Thursday, 31 Aug 2017 

Aug 31(Reuters) - Weichai Power Co Ltd <000338.SZ>:Says it changes accounting policy based on accounting standards for business enterprises.  Full Article

Weichai Power's H1 net profit up, to boost finance subsidiary's capital
Wednesday, 30 Aug 2017 

Aug 30 (Reuters) - Weichai Power Co Ltd <000338.SZ>2338.HK:Says H1 net profit up 147.4 percent y/y at 2.7 billion yuan ($409.72 million).Says finance subsidiary's registered capital will increase by 600 million yuan to 1.6 billion yuan.  Full Article