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Net profits of CAMC Xingma trucks amount to 500 million Yuan down 29%

Date:2012-03-30 Author:Mika Source:www.chinatrucks.com

www.chinatrucks.com: CAMC Xingma released their sales report on March 27, 2012. Their sales revenues were 6.85 billion Yuan, down 15.33%; and their net profits are 0.5 billion Yuan, down 29.05% over last year.

Affected by decreasing growth of fixed investment and tight-money policy, markets for Shaanxi Auto decreased.

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