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SAIC's profit up 1.43% in Q3

Oct. 31, 2012 (China Knowledge) - SAIC Motor Corp Ltd<600104>, China's No.1 carmaker, has announced its net profit attributable to shareholders increase 1.43% YoY to RMB 5.35 billion 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 0.49, up 1.46% YoY.

From July to September 2012, the automaker's operation revenue grew 4.88% from a year earlier to RMB 117.62 billion.

In the first nine months of this year, SAIC Motor saw its operation revenue amount to RMB 353.18 billion, up 8.32% YoY, while its net profit for the period increase 3.84% YoY to RMB 16.13 billion.

The company earlier announced that its auto sales in the first nine months grow 10.95% YoY to 3.31 million units.

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