English.chinabuses.com: Anhui Jianghuai Automobile Co., Ltd. (hereinafter referred to as JAC) revealed that the company sold 20,000 units auto vehicles in July, up by 105 percent.

But according to the newly statment, the company increasing output without increasing revenue. On August 18, in JAC's interim report, the company revealed a RMB 9.324bn (about USD 1.36bn) revenue, increased 1.89 percent compared with the same period of last year. Meanwhile, there's no benefits from its new products' economies of scale, the company's profit in the first half of 2009 down by 52.73 percent to RMB 90,954,500 (about USD 13,278,029.20).

Source : english.chinabuses.com

Editor : July

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