Sinotruk (000951. SZ): Net profit attributable to parent company increased by more than 50% in the first half of the year, accelerating the optimization of product structure and improving profitability

On the evening of August 30th，Sinotruk, the leader of domestic heavy Truck industry（000951.SZ）Release of semi-annual report for 2023。The first half of this year，The company's sales in some market segments are picking up.，Sales increased compared with the same period last year.，The company's overall profitability has also been further improved.。During the reporting period，The company achieved operating income of 201..8.7 billion yuan，Year-on-year growth of 31.67%；Realized net profit attributable to parent company 4.9.6 billion yuan，Year-on-year growth of 54.79%。

The first half of this year，Heavy Truck industry ushers in recovery。According to CAAC data，In the first half of 2023, the heavy Truck industry achieved a sales volume of 48.80,000，Year-on-year growth of 28.5%。Enter the second half of the year，The development trend of the industry is still continuing.，This July，Sales volume of domestic heavy truck industry 6.Ten thousand，Year-on-year growth of 35.6%。

In the context of industry recovery，Sinotruk continues to push forward various measures，Comprehensively improve product quality and product competitiveness。By going deep into the market segment，Speed up product optimization and structural adjustment，Precise implementation of marketing strategies，The company is in the subdivision field.、New energy and other directions to achieve a number of breakthroughs.。

The effect of product structure optimization is first reflected in the brilliant performance in the field of subdivision.，During the reporting period，The company's products have shown industry leadership in many fields.。In terms of traditional advantage Tractors，The company's 600 horsepower or above trunk line logistics andMAXThe sales volume of a single strain ranked first in the industry.，The market share of dangerous goods ranks first steadily.；In terms of trucks，Refrigerated Truck、4×The growth rate of many market segments such as 2 large single bridges is in the forefront.；In terms of engineering Vehicles，Company 8×4 The market share of muck trucks in the industry remains the first.。At the same time，The company is in sanitation、Fire control、Large-scale obstacle clearance、Segmentation market of special Vehicles such as dangerous chemical transportation，The market share has obvious advantages.。

In the field of new energy，The company closely around the market demand，Speed up technological upgrading and product mix adjustment，Product economy and power are constantly improving.，Competitiveness continues to increase。During the reporting period，The company's new energy heavy truck sales increased significantly.。Relying on the strong R & D capability of Sinotruk Group，The company has been in the field of new energy.，Overall layout of pure electric、Hybrid、Three technical routes of hydrogen fuel cell。

In addition，The company's overseas market relies on the perfect network layout and efficient strategic breakthroughs of Sinotruk International Company.，The export of products has been greatly increased.，Sales of export products hit a record high in the same period.，Market share continues to be the first in the domestic heavy truck industry.。The data shows，The first half of this year，The export sales volume of Sinotruk Group is 6.520,000，Year-on-year growth of 64.1%。

Previous: Sinotruk (03808. HK): Net profit attributable to parent company in the first half of 2023 increased by more than 80%, and performance growth was driven by overall improvement of competitiveness

Next: Weichai Power's net profit in the first half of 2023 increased by 63% year-on-year, and its leading position continued to highlight.