Dongfeng Motor 1H net reaches 6.53 billion yuan
- Source: Global Times
- [14:24 August 30 2010]
- Comments
Dongfeng Motor Group Co. Ltd (DFG) sold 972,000 vehicles in the first half of 2010, and its sales volume during the period reached 61.85 billion yuan ($9.09 billion), from which its net profit was of 6.53 billion yuan ($0.96 billion), according to the Xinhua News Agency Monday.
In addition, the automaker's sales volume and revenue both rose by almost 60 percent, and net profit by 150 percent year-on-year.
Xu Ping, DFG's board of directors' chairman attributed the company's growth to product structure readjustment.
The company's sales target for the year still maintains at two million units, said Xu.
Agencies and Shi Jierui contributed to this story
