China: Dongfeng reports profits decline in H1

Dongfeng Motor Group has announced details of its financial performance in the six months ended 30 June (H1 2011), showing declining profits despite a rise in unit sales and revenue. Revenue in H1 was Yuan 63.71bn (US$9.97bn), a rise of 3.0% from the Yuan 61.85bn reported in H1 2010, but gross Subscribe to Automotive World … Continued

• By Webmaster
• August 30, 2011