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Yutong Bus Posts Lower Bus Sales, Output in January
Production and sales data report for January 2025
Rok 2024 Był Pomyślny Dla Międzynarodowej Działalności Yutong Bus, Przynosząc Dalszy Rozwój Innowacji
Yutong Bus Marks a Momentous Year in 2024 for Its International Business, Continuing Its Strong Innovation Drive
Research Reports Discover Gold | CICC: Maintain Yutong Bus Co.,Ltd. "Outperform Industry" Rating Target Price 34 Yuan.
China International Capital Corporation's Research Reports indicate that Yutong Bus Co.,Ltd. (600066.SH) is expected to have a net income of 3.82 billion to 4.27 billion yuan for the fiscal year 2024, representing a year-on-year increase of 110% to 135%. The forecast midpoint corresponds to a net income of 1.61 billion yuan for Q4 2024, which is an increase of 110% year-on-year and 113% quarter-on-quarter. It is believed that the new energy bus replacement policy has generated positive demand for domestic buses, with the company securing multiple L, driving a quarter-on-quarter growth in domestic sales in Q4; December will see a concentration of export deliveries, marking a peak in export deliveries for Q4 2024. Bullish on Yutong as a representative of the bus industry leaders, continuing to deepen the exploration of overseas markets.
Yutong Bus: 2024 Annual Results Forecast
