JAC: Sales Increase in 2013 and Net Profits up 80%
Date:2014-01-27 Author:Evelyn Source:www.chinatrucks.com
www.chinatrucks.com: The report launched by Jianghuai Automotive Co., Ltd on January 24 reveals that the net profit attributed to its parent company in the whole 2013 will increase 80% or so compared to last year. In 2012, the net profit is 494.77 million yuan. The increase of net profit is mainly attributed to two main reasons: rise in both sales volume and product’s gross margin.
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