SAIC Motor sees earnings quadruple

• Source: Global Times
• [23:54 July 20 2010]
• Comments

Top Chinese automaker SAIC Motor said Tuesday it expected to post more than a 300 percent rise in first-half net profit.

The company sold 1.77 million cars in the first half of the year, up more than 44 percent from 2009. The Shanghai-based firm earned 1.4 billion yuan ($206.5 million) in the first half of last year.

Reuters - Global Times