Westport Fuel Systems Inc (WPRT)

[whassup]

China numbers:


In the 11 months ended 30 November 2012, the orders for the Group’s heavy-duty vehicles (with gas engines installed) and gas engines have increased substantially. Accordingly, the Company expects the transaction amount of the gas engines, gas engine parts and related products purchased by the Group from Weichai Westport for onward sale to its customers for the full year of 2012 to be approximately RMB2,000,000,000, representing approximately a 218% increase from that for the year of 2011. According to the sales projection of the Group’s heavy-duty vehicles (with gas engines installed) and gas engines, the Company expects that the transaction amount of the said gas engine s, gas engine parts and related products purchased by the Group from Weichai Westport to increase substantially for the year ending 31 December 2013, in line with the new sales model of the Group resulting in an increase in the volume of gas engines, gas engine parts and related products to be sold by the Group to third party customers after purchasing the same from Weichai Westport, and the national policies of the PRC and the Group’s
development plans which are expected to be favourable to the market of the Group’s gas engines. It is expected that the said transaction amount will maintain a steady growth for the year ending 31 December 2014.
They are expecting this to grow to 4,200,000,000 yuan in 2013