HK Stock Market Move | Sinotruk Jinan Truck (03808) rose over 3%, with the mid-term profit attributable to shareholders increasing by 26.22% year-on-year. The market share of sales of new energy heavy trucks has risen.
China National Heavy Duty Truck Group (03808) rose over 3% in the morning session. As of the time of writing, it has increased by 3.43% to HKD 41.06, with a transaction volume of HKD 254 million.
Sinotruk Jinan Truck (03808) rose over 3% in the morning session, and as of the time of writing, it increased by 3.43%, trading at HKD 41.06, with a transaction volume of HKD 254 million.
On the news front, on August 26, Sinotruk Jinan Truck released its interim results for the six months ending June 30, 2026. The group achieved revenue of RMB 70.841 billion, an increase of 39.24% year-on-year; the net profit attributable to shareholders was RMB 4.325 billion, a year-on-year increase of 26.22%; earnings per share were RMB 1.58; and the interim dividend was HKD 1.02 per share. During this period, the total revenue of the heavy truck division was RMB 64.8 billion, up 44.5% year-on-year.
During the review period, the group sold 85,293 heavy trucks domestically, representing a year-on-year increase of 26.3%; sales of new energy heavy trucks grew by 138.8% year-on-year, with a market share increase of 3.9 percentage points, making it the industry leader for the first time. Among them, the market share of new energy dump trucks with a capacity of over 540kwh ranked first, and the growth rate of market share for 4X2 new energy tractors was the highest.
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