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China Yuchai International Ltd (CYD) released a profit for its second quarter that advanced from the same period last year.


RTTNews | Aug 12, 2020 06:04AM EDT

06:04 Wednesday, August 12, 2020 (RTTNews.com) - China Yuchai International Ltd (CYD) released a profit for its second quarter that advanced from the same period last year.

The company's earnings totaled $48.12 million, or $0.85 per share. This compares with $29.59 million, or $0.51 per share, in last year's second quarter.

Analysts had expected the company to earn $0.62 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 34.7% to $925.16 million from $686.73 million last year.

China Yuchai International Ltd earnings at a glance:

-Earnings (Q2): $48.12 Mln. vs. $29.59 Mln. last year.-EPS (Q2): $0.85 vs. $0.51 last year.-Analysts Estimate: $0.62-Revenue (Q2): $925.16 Mln vs. $686.73 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3120735/china-yuchai-international-ltd-q2-income-climbs.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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