Weichai Power's net profit increased by 18.06% from January to September in 2009

Weichai Power reported in the third quarter of 2009 that the company achieved a net profit of RMB 238,215,500 from January to September 2009, an increase of 18.06% year-on-year; basic earnings per share was RMB 2.86. The company achieved a net profit of RMB 1,116,119,600 from July to September 2009, a year-on-year increase of 224.99%.

Weichai Power released the 2009 third quarterly report on October 24. The company’s total operating revenue from January to September 2009 was RMB 25,455,526,600, a year-on-year decrease of 10.54%, and the net profit attributable to shareholders of listed companies was RMB 2,382,150,500, a year-on-year increase of 18.06%. Basic earnings per share of 2.86 yuan; net assets return rate of 22.81%. From July to September 2009, the company achieved total operating revenue of RMB 9,638.269 million, representing a year-on-year increase of 29.31%; the net profit attributable to shareholders of the listed company was RMB 1161.1116 million, an increase of 224.99% year-on-year; basic earnings per share was RMB 1.39.

During the reporting period, the company’s available-for-sale financial assets amounted to RMB 298,293,600, an increase of 208.34% over the same period of last year. The increase was due to the fact that the available-for-sale financial assets continued to rebound in 2009 and the increase in fair value was affected.