Weichai H1 profit rises as truck engine sales rise


HONG KONG, Aug 24 (Reuters) - Weichai Power Co Ltd , a Chinese diesel engine maker, said on Tuesday first-half net profit doubled as truck-engine sales increased. State-backed Weichai, which supplies engines for use in trucks, coaches and construction machinery, reported net profit for the six months through June of 248.6 million yuan (US$30 million) versus 122.8 million yuan a year ago. Shares in Weichai trade nearly 34 percent above their March initial public offering price at HK$10.50 ...

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