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China South Locomotive's profit up 21% in Q3

Oct. 26, 2012 (China Knowledge) - China South Locomotive & Rolling Stock Co Ltd<601766><1766>, or CSR, the country's largest manufacturer of rail carriage, has said its net profit increase 20.86% YoY to RMB 934 million in the third quarter of this year.

According to a statement filed with Shanghai Stock Exchange, basic earnings per share for the period were RMB 0.07.

From July to September, the rail carriage manufacturer realized RMB 21.07 billion in operation revenue, more than RMB 18.54 it earned in the corresponding period of last year.

In the first nine month of this year, CSR saw its operation revenue amount to RMB 63.52 billion, up 8.28% YoY, while its net profit for the period rose 1.24% YoY to RMB 2.85 billion.

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