Previous close | 12.85 |
Open | 13.11 |
Bid | 14.14 x 0 |
Ask | 0.00 x 0 |
Day's range | 13.40 - 14.14 |
52-week range | 11.58 - 19.02 |
Volume | |
Avg. volume | 67,206,285 |
Market cap | 119.607B |
Beta (5Y monthly) | 0.98 |
PE ratio (TTM) | 12.51 |
EPS (TTM) | 1.13 |
Earnings date | 22 Aug 2024 - 29 Aug 2024 |
Forward dividend & yield | 0.59 (4.14%) |
Ex-dividend date | 28 June 2024 |
1y target est | 20.71 |
Weichai's X6170 engine has proven transformative for Malaysian fishing vessels. Installed in a Kuantan-based trawler, it delivered a remarkable 43% increase in efficiency, enabling the vessel to cast 12 more nets per trip while reducing fuel consumption by nearly 30%. This breakthrough not only exceeded expectations but also highlighted Weichai's commitment to innovation in the competitive marine engine market.
On July 2, the Third China-Latin America and Caribbean Agricultural Ministers Forum was held in Weifang. The forum was attended by 24 ministers and deputy ministers from 25 countries, as well as 13 ambassadors. As a leading brand of modern agricultural solutions in China, Weichai Lovol hosted over 100 participants.
To advance Weichai Power's brand development in Malaysia and bolster its international reputation under the "Remarkable Shandong" initiative, Tan Xuguang conducted extensive on-site surveys with end-users in West Malaysia from June 20th to 21st. He engaged in detailed discussions with shipowners and channel partners, focusing on product upgrades, customer satisfaction, and optimizing resource allocation.