On the 28th, Weichai Power announced the 2008 annual report. During the reporting period, the company realized operating income of 33.128 billion yuan, an increase of 13.21% over the same period of the previous year, of which the company's main business achieved foreign sales revenue of 2.625 billion yuan, which was an increase over the same period of last year. 51.74%. At the same time, the company achieved a net profit attributable to the shareholders of the listed company of 1.931 billion yuan, a year-on-year decrease of 4.36%; and an earnings per share of 2.32 yuan, a decrease of 15.94% over the same period last year.
The company stated that in 2009, the company will do its best to promote the promotion of the national III high-power high-speed engine and give play to the company's unique resources and technological advantages to meet the requirements of environmental protection, energy conservation, and efficient development of heavy trucks in China. The company will use Lanqing Power as the core, relying on the newly developed 5L/7L/16L engine to continuously explore emerging markets such as passenger cars, non-loader construction machinery, medium and heavy trucks, ships and industrial power generation, and unswervingly build market diversification advantages. Form a vertical and horizontal market layout. The company expects its sales revenue in 2009 will reach about 3.5 billion.
In addition, the company’s board of directors proposes its profit distribution plan for the year 2008. It plans to use the company’s total share capital of 833 million shares as the base and distribute a cash dividend of RMB 1.3 (tax included) for every 10 shares.
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