Xichai Sales Performance Ranked first in Industry in 2015
22 January 2016
www.chinabuses.org: At the beginning of 2016, 2015 China International Internal Combustion Engine Industry Statistical annual meeting is held. According to the data, main business indicators Xichai ranked in the forefront of the industry.
2015, affected by the macroeconomic environment, the overall sales of internal combustion engines are in recession, especially diesel engines, sales of which fell by 17.58% year on year.
Bucking the trend, Xichai successfully completed tasks of the year. Aowei above 350 horsepower heavy-duty engines won the sales champion. Figures reflecting operating capacity like liquid assets turnover rate, fixed asset turnover, total asset turnover and figures reflecting the profitability ability like total contribution rate and net asset profit rate are all rank first in the industry.
Source : www.chinabuses.org
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