China Yuchai Intl H1 EPS $0.60 Up From $0.34 YoY, Sales $1.27B Down From $1.28B YoY
Portfolio Pulse from Benzinga Newsdesk
China Yuchai Intl (NYSE:CYD) reported H1 earnings of $0.60 per share, a 76.47% increase YoY. However, sales decreased by 0.61% to $1.27 billion compared to $1.28 billion the same period last year.
August 10, 2023 | 10:02 am
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China Yuchai Intl's H1 earnings per share increased by 76.47% YoY, while sales slightly decreased by 0.61%.
The significant increase in earnings per share indicates a strong financial performance, which could positively impact the stock price. However, the slight decrease in sales might temper this positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100