China Yuchai International Q4 Profit Increases - Quick Facts

(RTTNews) - China Yuchai International Limited (CYD) said that its fourth quarter of 2013l net profit attributable to shareholders increased to RMB 246.3 million ($40.4 million), or earnings per share of RMB 6.61 ($1.08), compared to RMB 221.2 million, or earnings per share of RMB 5.94 in the same quarter in 2012.

Net revenue for the fourth quarter of 2013 increased 24.5% to RMB 4.1 billion or $666.6 million compared with RMB 3.3 billion in the fourth quarter of 2012. The total number of diesel engines sold by GYMCL during the fourth quarter of 2013 was 110,583 units compared with 92,996 units in the same quarter of 2012, representing an increase of 17,587 units, or 18.9%. This growth was mainly attributable to an increase in the sale of engines to the truck and bus markets.