Aug. 6, 2012 (China Knowledge) - Zhengzhou Yutong Bus Co Ltd<600066
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The company's sales of large buses, which are the most profitable product, surged 38.93% YoY to 2,327 units in July.
In the first seven months of this year, the company's vehicles sales amounted to 26,408 units, 15.67% more than in the same period of 2011.
Last month, the company produced 4,980 vehicles, taking its total output in the first seven months to 26,441 units, reflecting a growth of 19.09% YoY.
Zhengzhou Yutong Bus expected its 10,000-unit new energy vehicle base to start production in the fourth quarter.