CYI Announces Unaudited 2008 Consolidated Financial Results
China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), announced on June 30th its unaudited consolidated financial results for fiscal year 2008.
Unaudited consolidated net revenues for the fiscal year ended December 31, 2008 were RMB 10.4 billion compared with audited consolidated net revenues of RMB 9.6 billion in 2007, reflecting a 8% year-over-year increase.
The Company expects its unaudited consolidated net income for 2008 to fall within the range of RMB 245.0 million and RMB 300.0 million and the unaudited earnings per share range is expected to fall within the range of RMB 6.57 and RMB 8.05. In 2007, the Company achieved audited consolidated net income of RMB 525.5 million, or RMB 14.10 basic and diluted earnings per share. The expected decline in net income for 2008 is due mainly to increased raw material prices which were substantially higher in 2008. As of December 31, 2008, a total of 37,267,673 shares were issued and outstanding.
China Yuchai will be unable to file its annual report on Form 20-F containing its audited consolidated financial statements for the fiscal year ended December 31, 2008 (2008 Annual Report) with the U.S. Securities and Exchange Commission ("SEC") by the filing deadline of June 30, 2009 as a result of a change in its principal independent auditors to Ernst & Young LLP, which was only approved by shareholders at its Annual General Meeting on April 17, 2009. The Company has, today filed a notification of late filing on Form 12b-25 with the SEC in relation to its 2008 Annual Report.
Views:0
Submit Your Requirements, We Are Always At Your Service.
- Yuchai-Powered Hybrid Mining Trucks Shipped to Indonesia 2026-01-16
- Yuchai Sets New Record for Engine Exports in January 2025-02-11
- Yuchai's Hybrid Mining Trucks to be Exported to Peru 2025-01-03
- Foton Starglory Power (Xinghui) Brand Launch 2024-10-31
- Yuchai Signs Strategic Cooperation Agreement with FUTA Group 2024-09-03
- Yuchai Opens Its First Overseas Factory in Thailand 2024-08-21
- Yuchai's Engine Sales in North-west Africa Jumped 74.5% YOY in Jan. to Aug. 2022-09-21
- Yuchai Exports Went Up 49% YOY in First Eight Month of 2022 2022-09-13
- Yuchai Ignites China’s Largest and Most Powerful Hydrogen-fueled Engine 2022-07-14
- Yuchai Launches Its Internal Combustion Engine Fueled with Hydrogen 2021-12-24
- Visiting Invitation: See What's New from Renault Trucks at IAA 2026
- China's Heavy Truck Exports Surge in June as Leading Brands Win Major Orders
- JAC Becomes Official Vehicle Partner of Ghana Football Association
- Xuzhou Launches International Communication Center to Boost Global Outreach
- FOTON, COSCO Shipping Launch Joint Venture to Strengthen Global Supply Chain
- Foton, COSCO Shipping Move to Secure Capacity as China’s CV Exports Rise
- The 11th DISCOVERY TRUST Awards Successfully Held in Beijing, China
- Chinese Heavy Truck Makers Shift to Value-Driven Global Expansion
- Shandong Heavy Industry and Kazakhstan’s Karaganda Region Ink New Deal
- China’s Diesel Trucks are Shifting to Electric
- China's New Energy Tractor Truck Sales Rise 97% to 25,000 Units in June
- China's Pickup Truck Sales Continue to Decline in May
- China's Tractor Truck Sales Up 27% in May
- China's Medium-Duty Truck Market Surges 74% in May
- China's Mini Truck Sales Drop 18% YoY in May
- China's Heavy Truck Sales Rise 23% in May
- China's Light Truck Market Grows 7% to 172,000 Units in May
- China’s Pickup Truck Market Posts Steady Sales Growth in April
- China Light Truck Sales Down 2% to 178,100 Units in April 2026
- China Heavy-Duty Truck Sales Hit 117,000 Units in April, Up 33% YoY

