China Yuchai Reports Robust 34% Revenue Growth in First Half 2025, Outperforms Market

CYD
October 08, 2025

China Yuchai International Limited announced its unaudited consolidated financial results for the first half-year ended June 30, 2025, on August 8, 2025. Revenue increased by a robust 34.0% year-over-year to RMB 13.8 billion (US$1.9 billion), up from RMB 10.3 billion in 1H 2024.

Total engine sales grew by 29.9% to 250,396 units, compared with 192,743 units in 1H 2024. The Company's truck and bus engine unit sales surged by 38.0% year-over-year, significantly outperforming the 2.6% decline observed in the overall Chinese commercial vehicle markets.

Net profit attributable to equity holders of the Company increased by 52.2% to RMB 365.8 million (US$51.1 million), compared with RMB 240.3 million in 1H 2024. Basic and diluted earnings per share were RMB 9.75 (US$1.36), up from RMB 5.88 in 1H 2024, reflecting strong profitability.

Operating profit increased by 42.3% to RMB 621.7 million (US$86.9 million), with the operating margin expanding to 4.5% from 4.2% in 1H 2024. Cash and bank balances stood at RMB 7.8 billion (US$1.1 billion) as of June 30, 2025, an increase from RMB 6.4 billion at the end of 2024, while borrowings decreased to RMB 2.2 billion (US$304.6 million).

In an operational update, Yuchai Machinery Power System (Thailand) Co., Ltd. commenced production of the K08 engine and additional Yuchai engine models. This expansion further deepens the Company's market penetration into the growing ASEAN markets.

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