08:56     WEICHAI POWER<02338> - Results Announcement (1)                     

    Weichai Power Co., Limited announced on 06/04/2005:                       
    (stock code: 02338 )                                                      
    Year end date: 31/12/2004                                                 
    Currency: RMB                                                             
    Auditors' Report: Unqualified                                             
                                                                              
                                                            (Audited   )      
                                         (Audited   )       Last              
                                         Current            Corresponding     
                                         Period             Period            
                                         from 01/01/2004    from 01/01/2003   
                                         to 31/12/2004      to 31/12/2003     
                                   Note  ('000      )       ('000      )      
    Turnover                           : 6,155,779          3,555,670         
    Profit/(Loss) from Operations      : 797,523            485,918           
    Finance cost                       : (53,159)           (30,425)          
    Share of Profit/(Loss) of                                                 
      Associates                       : N/A                N/A               
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : N/A                N/A               
    Profit/(Loss) after Tax & MI       : 538,880            277,468           
    % Change over Last Period          : +94.2     %                          
    EPS/(LPS)-Basic (in dollars)       : 1.75               1.29              
             -Diluted (in dollars)     : N/A                N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 538,880            277,468           
    Final Dividend                     : RMB 0.15           N/A               
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
    B/C Dates for                                                             
      Final Dividend                   : 27/04/2005         to 27/05/2005 bdi.
    Payable Date                       : 24/06/2005                           
    B/C Dates for Annual                                                      
      General Meeting                  : 27/04/2005         to 27/05/2005 bdi.
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
    1. GENERAL                                                                
                                                                              
    Weichai Power Co., Ltd. ("The Company") was incorporated on 23rd December,
    2002 as a joint stock limited company with limited liability in the       
    People's Republic of China (the "PRC").                                   
                                                                              
    The principal activities of the Company are the manufacture and sale of   
    diesel engines.                                                           
                                                                              
    The H shares of the Company were listed on The Stock Exchange of Hong Kong
    Limited with effect from 11th March, 2004.                                
                                                                              
    2. FINANCE COSTS                                                          
                                                                              
    The finance costs for both years represent interest expenses on bank      
    borrowings wholly repayable within five years.