JMC heavy trucks to improve
Date:2012-09-06 Author:Eric Source:www.chinatrucks.com
www.chinatrucks.com: Sales revenues of JMC accords the expectations, but their profits decreasing is more than the decreasing of sales revenues due to large growth of marketing fees and bigger income tax rate. And the future the steady sales of heavy trucks will ensure sales revenues of JMC.
102,300 JMC vehicles were sold in the first half year, down 2.6%, sales of light trucks and Transit decreased by 10.3% and 8.2%, and sales of pickups and SUV increased by 9.5%. The comprehensive rates of margin are 0.3% more.
The marketing fees were 551 million Yuan, up 37.1%, in the first half year.
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