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Recap: China Yuchai Q2 Earnings

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  • CYD

Shares of China Yuchai Intl (NYSE:CYD) moved lower by 0.6% after the company reported Q2 results.

Quarterly Results

Earnings per share were up 63.46% over the past year to $0.85, which beat the estimate of $0.62.

Revenue of $925,156,000 rose by 30.82% year over year, which beat the estimate of $714,520,000.

Outlook

China Yuchai Intl hasn't issued any earnings guidance for the time being.

China Yuchai Intl hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Aug 12, 2020

View more earnings on CYD

Time: 08:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/849maztz

Recent Stock Performance

52-week high: $15.50

Company's 52-week low was at $7.77

Price action over last quarter: Up 8.41%

Company Overview

China Yuchai International Ltd is a Bermuda holding company that is a subsidiary of Singapore-based Hong Leong Asia. China Yuchai International primarily operates through its majority-owned subsidiary Guangxi Yuchai Machinery Company, a China-based company that manufactures, assembles, and distributes diesel engines for various vehicles including trucks, buses, and cars, as well as construction and agricultural, marine, and power-generation equipment. The company generates the majority of its sales from the Chinese market.

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