On January 7, Yutong Bus Co.Ltd(600066) released the performance forecast for 2021. According to the announcement, the company expects that the net profit attributable to shareholders of Listed Companies in 2021 will increase by RMB 50 million to RMB 150 million compared with the same period of last year (statutory disclosure data), with a year-on-year increase of 10% to 30%.
The announcement shows that the main reason for the pre increase of performance in this period is the gradual recovery of overseas bus market demand and the growth of the company’s overseas export business; At the same time, with the promotion of new energy in the overseas bus market, the company’s export sales structure has improved and its performance contribution has increased.
Under the background of the epidemic affecting the global economy, Yutong Bus Co.Ltd(600066) overseas markets increased significantly year-on-year. So far, Yutong has exported more than 80000 passenger cars of various types. Its overseas sales and service network has achieved the layout of global target markets, covering Europe, America, Asia Pacific, the Middle East, Africa and other regions.
In addition, according to the production and sales data express of December 2021 released on January 5, 2022, in 2021, Yutong Bus Co.Ltd(600066) has produced 42065 vehicles, a year-on-year increase of 0.2%; A total of 41828 vehicles were sold, with a year-on-year increase of 0.17%.
(source: China Securities Journal)
