CAMC Achieves a Net Profit of 168 Million Yuan
Date:2013-08-19 Author:Evelyn Source:www.chinatrucks.com
www.chinatrucks.com: Hualing Xingma Automobile (Group) Co., Ltd. (CAMC) announces that in the first six months of 2013, it achieves a net profit of 168 million RMB, up by 51.69% year on year with 0.41 RMB earnings per share.
From Jan. to Jun., the business revenue is 3.756 billion RMB, up by 57.9% year on year.
According to CAMC, the substantial growth in business revenue and slight increase in rate of gross profit are thanks to the recovery of HD CV market in China due to favorable macro economy, growth in fixed asset investment and implementation of environmental friendly policy.
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