FINWIRES · TerminalLIVE
FINWIRES

Weichai Power's Profit Climbs 14% in Q1

By

-- Weichai Power (HKG:2338, SHE:000338) recorded a 14% rise in attributable profit in the first quarter of 2026 to 3.09 billion yuan from 2.71 billion yuan a year prior, according to a Wednesday Hong Kong bourse filing.

Hong Kong-listed shares of the Chinese equipment maker were up 7% in Thursday afternoon trading, while China-listed shares were up over 3%.

Earnings per share rose to 0.36 yuan from 0.31 yuan in the corresponding period of the previous fiscal year.

Revenue increased 8.9% to 62.6 billion yuan from 57.5 billion yuan in the year-ago period.

Related Articles

Asia

Baosteel's Attributable Profit Rises 41% in 2025

Baoshan Iron & Steel or Baosteel's (SHA:600019) attributable profit rose 41% to 10.3 billion yuan in 2025 from 7.36 billion yuan in 2024, according to a Thursday filing with the Shanghai bourse.Earnings per share at the steel manufacturer increased 41% to 0.48 yuan from 0.34 yuan in the previous year.Operating revenue slipped 1.4% year over year to 317.5 billion yuan from 322.1 billion yuan.

$SHA:600019
International

Malaysia's International Reserves Total $126.6 Billion at End-March

Malaysia's international reserves stood at $126.6 billion at end-March, according to data released by the central bank on Thursday.Other foreign currency assets were recorded at $69 million, with the breakdown outlining expected inflows and outflows over the next 12 months.Short-term foreign currency outflows totalled $9.90 billion, while net short forward positions came in at $23.2 billion, reflecting liquidity management in the domestic market. Contingent liabilities were limited to $846.4 million, Bank Negara Malaysia said.

$^KLSE
Australia

Update: Alphabet Q1 Earnings, Revenue Rise; Shares Jump Premarket

(Updates with the stock move in the headline and the first paragraph.)Alphabet's (GOOG, GOOGL) shares were up 6% in Thursday's premarket activity after the tech giant reported overnight Q1 earnings and sales above market expectations.The company reported Q1 earnings late Wednesday of $5.11 per diluted share, up from $2.81 a year earlier.Analysts polled by FactSet expected $2.63.Revenue for the quarter ended March 31 rose to $109.9 billion, up from $90.2 billion a year earlier.Analysts surveyed by FactSet expected nearly $106.96 billion.The company raised its quarterly cash dividend to $0.22 per share from $0.21, payable June 15 to stockholders of record as of June 8.Price: $368.21, Change: $+20.90, Percent Change: +6.02%

$GOOG$GOOGL