Brilliance Auto expects making profits in 1H

• Source: Global Times
• [02:00 July 16 2010]
• Comments

Brilliance Auto is looking forward to profiting in the Chinese market after consecutive losses last year, the group reported on July 14.

The report also said that thanks to the abortion of sales of the Zhonghua sedan, and the over expected increase in profits of Brilliance-BMW, the corporation will finally realize profits.

During the first half of the year, the sales of Brilliance-BMW increased by more than 50 percent compared to last year.

The closing stock price of Brilliance China was at 2.83 HK dollars ($0.36) a share, down 0.70 percent.