China: Dongfeng forecasts 60-70% H1 profit fall

The state news agency Xinhua reported on 12 July that Dongfeng Automobile Co had filed a statement to the Shanghai Stock Exchange warning of a 60-70% year-on-year fall in its first-half profits resulting from falling sales of heavy and light trucks and engines. Dongfeng reported a profit of Yuan 294.52m Subscribe to Automotive World to … Continued

• By Webmaster
• July 12, 2012