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Sinotruk's sales down 27.8% in Nov

Dec. 12, 2012 (China Knowledge) - China National Heavy Duty Truck Group Co Ltd or Sinotruk Group<000951>, a truck manufacturing state-owned enterprise headquartered in Jinan, Shandong Province, has said its auto sales decreased 27.8% YoY to 4,445 units in November this year.

Last month, the truck manufacturer produced 4,200 vehicles, up 16% than it realized in the same month of 2011.

In the first eleven months of this year, the company saw its auto sales decrease 27.98% YoY to 65,757 units and the company produced 62,184 vehicles in the period, reflecting a YoY decrease of 22.8%.

In the first nine month of ths year, the Chinese truck manufacturer saw its net profit attributable to shareholders plunge 94% YoY to RMB 22.39 million.

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