Economy
Financial Markets
Commodities
Industries
Energy
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks


 
Company - Domestic
 Search News  Or
Guangzhou Automobile Group's H1 net profit down 15.15%

Aug. 28, 2012 (China Knowledge) - Guangzhou Automobile Group Co Ltd<601238><2238>, a major automaker in South China, announced yesterday that its net profit fell 15.15% YoY to RMB 1.48 billion in the first half of this year.

Earnings per share were RMB 0.24 during the period, down 14.28% YoY. The company proposed an interim dividend of RMB 0.7 per ten shares.

Operating revenue rose about 5.67% YoY to RMB 5.48 billion in the first six months.

Guangzhou Automobile Group, together with its joint ventures, sold 369,700 vehicles in the period, reflecting a growth of 17.25% YoY. The growth rate was higher the industrial average of 2.93%.

The sales volume of passenger cars increased 15.32% YoY to 351,800 units in H1, and that of commercial vehicles surged 75.43% to 17,800 units.







Add this     
Copyright © "2015" www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services

 E-Store

 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved