VDS

Two Decades Post-IPO, Weichai Power's Market Value Soars 30-Fold, Distributing RMB 28 Billion in Dividends

Retrieved on: 
Tuesday, March 26, 2024

WEIFANG, China, March 26, 2024 /PRNewswire/ -- Weichai Power Co., Ltd. (2338.HK, 000338.SZ), in its latest annual report released on March 26, unveiled significant financial achievements for the year 2023. The company recorded revenue of RMB 213.96 billion, a notable increase of 22.2% compared to the previous year. Net profit attributable to shareholders surged by 83.8% to RMB 9.01 billion, while basic earnings per share jumped 84.5% to RMB 1.04. 

Key Points: 
  • Net profit attributable to shareholders surged by 83.8% to RMB 9.01 billion, while basic earnings per share jumped 84.5% to RMB 1.04.
  • From 2004 to 2023, revenue surged from RMB 6.2 billion to RMB 214 billion, reflecting a thirty-threefold increase.
  • The company's total market value has exceeded RMB 140 billion, a 30-fold increase since its listing.
  • Weichai Power has witnessed exceptional market value growth, surpassing 40 times its initial listing value.

Two Decades Post-IPO, Weichai Power's Market Value Soars 30-Fold, Distributing RMB 28 Billion in Dividends

Retrieved on: 
Tuesday, March 26, 2024

WEIFANG, China, March 26, 2024 /PRNewswire/ -- Weichai Power Co., Ltd. (2338.HK, 000338.SZ), in its latest annual report released on March 26, unveiled significant financial achievements for the year 2023. The company recorded revenue of RMB 213.96 billion, a notable increase of 22.2% compared to the previous year. Net profit attributable to shareholders surged by 83.8% to RMB 9.01 billion, while basic earnings per share jumped 84.5% to RMB 1.04.

Key Points: 
  • Net profit attributable to shareholders surged by 83.8% to RMB 9.01 billion, while basic earnings per share jumped 84.5% to RMB 1.04.
  • From 2004 to 2023, revenue surged from RMB 6.2 billion to RMB 214 billion, reflecting a thirty-threefold increase.
  • The company's total market value has exceeded RMB 140 billion, a 30-fold increase since its listing.
  • Weichai Power has witnessed exceptional market value growth, surpassing 40 times its initial listing value.

Vehicle Dependability Slumps as Rate of Deterioration Increases, J.D. Power Finds

Retrieved on: 
Thursday, February 8, 2024

Vehicle owners are experiencing lower levels of vehicle dependability after three years of ownership, according to the J.D.

Key Points: 
  • Vehicle owners are experiencing lower levels of vehicle dependability after three years of ownership, according to the J.D.
  • Vehicle Dependability StudySM (VDS) (Graphic: Business Wire)
    “Historically, VDS model results mirror the results of the respective model year in the J.D.
  • Power Initial Quality Study, so a deterioration of vehicle dependability is unusual,” said Frank Hanley, senior director of auto benchmarking at J.D.
  • Vehicle Dependability Study is based on responses from 30,595 original owners of 2021 model-year vehicles after three years of ownership.

Ontañón Wineries Announces Vino Del Sol as Their New Partner and US Importer

Retrieved on: 
Thursday, January 4, 2024

FORT WORTH, Texas, Jan. 4, 2024 /PRNewswire-PRWeb/ -- Vino del Sol is pleased to announce their new partnership with the Otañón Familia portfolio of wines, Ontañón and Queirón from Rioja Spain, starting January 1, 2024. Otañón's vineyards and wineries are the culmination of a lifetime dream for the owners, the Pérez Cuevas family.

Key Points: 
  • Otañón's vineyards and wineries are the culmination of a lifetime dream for the owners, the Pérez Cuevas family.
  • "We have known the Pérez Cuevas family for a long time and are thrilled to be their new US Importer and Partner," says Vino del Sol Founder, Matt Hedges.
  • Matt continues, "Ontañón is a natural fit to the VDS portfolio of family-owned, sustainable wineries."
  • "With their incredible quality and reputation, we look forward to growing the portfolio of the Ontañón and Queirón wines and to the opportunities ahead," adds Vino del Sol, Executive VP of Sales, Kevin Millman.

GWM WEY Secures Top Position in the China Vehicle Dependability Study 2023 Once Again

Retrieved on: 
Monday, November 6, 2023

Baoding, China--(Newsfile Corp. - November 6, 2023) - GWM WEY has once again secured its position as the top independent brand in the Chinese automotive industry in the China Vehicle Dependability Study 2023 (VDS) unveiled by J.D.

Key Points: 
  • Baoding, China--(Newsfile Corp. - November 6, 2023) - GWM WEY has once again secured its position as the top independent brand in the Chinese automotive industry in the China Vehicle Dependability Study 2023 (VDS) unveiled by J.D.
  • GWM WEY achieved this accolade through an assessment of Chinese car owners' experiences with fuel-powered vehicles owned for 13 to 48 months.
  • The GWM WEY Coffee 02, a model under the GWM WEY brand, has set new safety standards in its segment.
  • GWM WEY's top position in the China Vehicle Dependability Study 2023 underscores its dedication to reliability and customer satisfaction.

Valencia Digital Summit brings together 12,000 professionals from 91 countries for its sixth edition

Retrieved on: 
Monday, October 30, 2023

The sixth edition of Valencia Digital Summit has yet again exceeded all expectations by bringing together a staggering 12,000 professionals from 91 countries.

Key Points: 
  • The sixth edition of Valencia Digital Summit has yet again exceeded all expectations by bringing together a staggering 12,000 professionals from 91 countries.
  • Valencia Digital Summit is committed to advancing the Valencian innovation ecosystem and driving the evolution of startups into competitive scaleups.
  • Furthermore, Valencia Digital Summit hosted the session 'New Benchmarks in The Ecosystem: Premios EmprendeXXI Investors Day & Kick Off New Edition', featuring the 'Investors Day Premios EmprendeXXI'.
  • Exploring key sectors of the Valencian economy, a variety of thematic side-events took place within the framework of Valencia Digital Summit.

Tektronix Releases Oscilloscope-based Double Pulse Test Solution that speeds up validation time on SiC & GaN Technologies

Retrieved on: 
Wednesday, May 31, 2023

BEAVERTON, Ore., May 31, 2023 /PRNewswire/ -- Tektronix, Inc , a leading provider in test and measurement solutions, today announced a new release of its Double Pulse Test solution (WBG-DPT solution).

Key Points: 
  • BEAVERTON, Ore., May 31, 2023 /PRNewswire/ -- Tektronix, Inc , a leading provider in test and measurement solutions, today announced a new release of its Double Pulse Test solution (WBG-DPT solution).
  • Measurements are also designed to align with JEDEC and IEC standards for double pulse testing and diode reverse recovery.
  • Test automation reduces test times and retesting errors, ensuring our customers meet their project timelines and time to market plans."
  • The Tektronix Wide Bandgap Double Pulse Test solution is available now for global customers.

Gain an Information Advantage in Multi-Domain Operations: Thinklogical Senior Global Military Advisor Paddy McAlpine Educates Leaders at AOC Europe 2023

Retrieved on: 
Monday, May 15, 2023

The conference will be held in Bonn, Germany, on May 15-17, 2023, at World Conference Center Bonn.

Key Points: 
  • The conference will be held in Bonn, Germany, on May 15-17, 2023, at World Conference Center Bonn.
  • On May 17, Rear Admiral Paddy McAlpine, senior global military advisor for Thinklogical, a Belden Brand, will lead a discussion at AOC Europe on advanced technologies in electronic warfare and cybersecurity.
  • While information technology and sensors proliferate across the battlespace, decision timelines continue to shorten for military leaders who want to maintain an advantage.
  • “We are thrilled to have Senior Global Military Advisor Paddy McAlpine named as a keynote speaker at AOC Europe,” says Alexandra Cheever, President at Thinklogical.

Veterinary Dentistry Specialists in Mt. Laurel, NJ, Adds a Veterinary Cardiologist to Team of Board-Certified Specialists in Dentistry and Anesthesia

Retrieved on: 
Monday, April 10, 2023

Laurel, NJ, office of Veterinary Dentistry Specialists (VDS), a veterinary dentistry and oral surgery practice, has added board-certified veterinary cardiologist Megan King, VMD, DACVIM (Cardiology), to its roster of dental and anesthesia specialists.

Key Points: 
  • Laurel, NJ, office of Veterinary Dentistry Specialists (VDS), a veterinary dentistry and oral surgery practice, has added board-certified veterinary cardiologist Megan King, VMD, DACVIM (Cardiology), to its roster of dental and anesthesia specialists.
  • Adding comprehensive outpatient veterinary cardiology services makes VDS the first and only veterinary dentistry and oral surgery practice in the nation with anesthesiology and cardiology specialists available to care for each patient.
  • Cardiology services are also available for pet patients who do not need dentistry services.
  • She then earned Diplomate status by becoming board certified in veterinary cardiology by the American College of Veterinary Internal Medicine.

Quarterhill Announces Q4 and Fiscal 2022 Financial Results

Retrieved on: 
Wednesday, March 22, 2023

Quarterhill's Management's Discussion and Analysis and financial statements for the three and twelve months ended December 31, 2022 ("Q4 2022" and "fiscal 2022") are available at the Company's website and at its profile at SEDAR .

Key Points: 
  • Quarterhill's Management's Discussion and Analysis and financial statements for the three and twelve months ended December 31, 2022 ("Q4 2022" and "fiscal 2022") are available at the Company's website and at its profile at SEDAR .
  • ITS revenue in Q4 2022 declined compared to Q4 2021 due primarily to the timing for recognition of revenue associated with certain tolling projects in Q4 2022 and to contracts whose term expired at the end of 2021 and therefore did not contribute to revenue in fiscal 2022.
  • Gross margin in the ITS segment was 25% in Q4 2022 and 24% in fiscal 2022 compared to 28% and 34% for the comparative prior year periods, respectively.
  • Licensing gross margin in fiscal 2022 was 54% compared to 15% in fiscal 2021 due primarily to the significant licensing activity that occurred earlier in 2022.