Net Profits of Foton Motors Increased by 60%
Date:2011-03-25 Author:Eric Source:www.chinatrucks.com
www.chinatrucks.com: Sales revenues of Foton Motors amounted to 53.4 billion Yuan in 2010, up 19.3%.
This can largely contributed to their increasing growth. As many as 682,895 complete vehicles were sold out in 2010, up 13.4%, ranking the first in China commercial vehicle manufacturers.
However, their growth was still lower than average increasing speed in truck industry. Last year, 4,304,100 commercial vehicles were sold out, up 29.9%.
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