Dongfeng Motor’s gross profits rise 31% in first half year

2008-08-29 Beijing
 
Dongfeng Motor Co., Ltd announced combined sales were approximately 37.9 billion yuan in the first half of this year, a year-on-year growth of 31.5 per cent. Combined gross profits increased 31 per cent to approximately 6.5 billion yuan during the period. In addition, the company sold 587,400 vehicles in the first half, an increase of 27.7 per cent. Dongfeng Motor expects the Chinese auto industry will grow 15 per cent this year, with total sales volume exceeding 10 million.