BofAS issued a Buy rating for SINOTRUK due to strong export growth driven by demand in the mining and infrastructure sectors, a 50% year-on-year increase in export volume in the first quarter of 2026, and an optimistic full-year export growth guidance of over 15%. Additionally, the broker raised its earnings per share forecasts for FY2026 and FY2027 and highlighted an attractive 6% dividend yield.
