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China Yuchai International's CEO Discusses Q2 2012 Results - Earnings Call Transcript

China Yuchai International Ltd. (CYD)

Q2 2012 Earnings Call

August 10, 2012 08:00 am ET

Executives



Benny Goh – President

Kok Ho Leong – Chief Financial Officer



Kevin Theiss – Dixon Chen Grayling



Analysts

Alex Potter – Piper Jaffray

David Russell – I.S.I. Group

Ravi Gill – Goldman Sachs

Sandy Mehta – Value Investment

Jonathan Brodsky – Advisory Research

Bing Wang – Bank of America Merrill Lynch

[Wang Ho] – Citi

[Himan Sho Sha – Shagato]



Presentation



Operator

Ladies and gentlemen, thank you for standing by and welcome to the China Yuchai International Ltd. Q2 2012 Earnings Webcast. (Operator instructions.) I must advise you that this conference is being recorded today, August 10, 2012. I would now like to hand the conference over to your first speaker for today, Mr. Kevin Theiss. Please go ahead, sir.

Kevin Theiss

Thank you for joining us today and welcome to China Yuchai International Ltd.’s Q2 2012 conference call and webcast. My name is Kevin Theiss and I am with Grayling, China Yuthai’s US investor relations advisor. Joining us today are Mr. Benny Goh, President; and Mr. Kok Ho Leong, Chief Financial Officer.

Before we begin I will remind all listeners that throughout this call we may make statements that may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe,” “expect,” “anticipate,” “project,” “targets,” “optimistic,” “intend,” “aim,” “will,” or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that may be deemed forward-looking statements.

These forward-looking statements are based on current expectations or beliefs including but not limited to statements concerning the company’s operations, financial performance, and condition. The company cautions that these statements by their nature involve risks and uncertainties and actual results may differ materially depending on a variety of important factors including those discussed in the company’s reports filed with the Securities and Exchange Commission from time to time. The company specifically disclaims any obligation to maintain or update the forward-looking information whether of the nature contained in this conference call or otherwise in the future.

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