Enginemaker China Yuchai Increases Q3 Profits

Heavy-duty engine manufacturer China Yuchai International increased its third-quarter profits 36 percent, but revenues declined marginally on lower unit sales volumes. Third-quarter net income was about U.S. $32.5 million, compared with U.S. $23.9 million for the same period a year ago.

China Yuchai manufactures and sells a wide array of light-duty, medium-sized and heavy-duty diesel engines for construction equipment, trucks, buses and cars in China.

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