SINGAPUR (dpa-AFX) - China Yuchai International Ltd. (CYD) Monday released the financial results for the first quarter ended 31st March 2012, reporting that total net profit attributable to shareholders for the first quarter declined to $34.30 million or $0.72 per share from $47.9 million or $0.98 per share reported for the corresponding quarter last year.
In renminbi terms, the company reported a decline in net profit attributable to China Yuchai's shareholders to RMB 215.90 million or RMB 4.50 per share from RMB 301.5 million, or RMB 6.18 per share in the first quarter of 2011.
Net revenue for the first quarter of 2012 was RMB 3.68 billion or $584.97 million compared with RMB 4.23 billion or $472.4 million reported in the prior year quarter.
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