China Yuchai’s stock jumps after reporting Q4 earnings By Investing.com

From Investing.com:

China Yuchai International Limited (NYSE: NYSE:) shares surge after reporting Q4 earnings with an adjusted EPS of $0.37 and revenue of $1.3 billion. Revenue shows an 18.9% increase from the same quarter last year, driven by growth in engine sales and various sectors, despite a decrease in earnings per share due to higher expenses. President Weng Ming Hoh credits diverse product portfolio for profitable revenue growth amid economic challenges. Investors respond positively to the company’s financial performance, anticipating future growth opportunities. Financial information is unaudited but offers insight into China Yuchai’s performance for the second half and full fiscal year of 2023.



Read more at Investing.com: China Yuchai’s stock jumps after reporting Q4 earnings By Investing.com