ChangAn Auto H1 net profits up 133.5pct on year
ChangAn Auto H1 net profits up 133.5pct on year
Chongqing Changan Automobile (000625.SZ) said its net profits for the first half of 2013 surged 133.5 percent from a year ago to hit some 1.33 billion yuan.
Operating revenues of the automaker amounted to 19.75 billion yuan, a 40.63-percent rise from the corresponding period of 2012.
ChangAn said the automobile sales of the company and its subsidiaries hit a record high of 1.055 million units in the first half of this year, for the first time breaking the barrier of selling 1 million units during a six-month period.
The automaker's H1 auto sales recorded an 18.3-percent increase from a year earlier, about 5.5 percentage points higher than the industry average.
(Edited by Olivia, Olivia@tireworld.com.cn)
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