Dongfeng Motor 1st-Quarter Net Profit At CNY2.86 Billion
April 29 2011 - 7:23AM
Dow Jones News
Chinese auto maker Dongfeng Motor Group Co. (0489.HK) said
Friday its first-quarter net profit totalled CNY2.86 billion
(US$440 million), without providing year-earlier figure for
comparison.
The Chinese car maker said in a statement its first-quarter
operating revenue was CNY1.06 billion.
Dongfeng Motor is the main listed unit of state-owned Dongfeng
Motor Corp., China's third-largest auto maker by sales volume after
SAIC Motor Corp. and FAW Group Corp. It has joint production
ventures with Honda Motor Co., Nissan Motor Co. and Peugeot SA.
It reported last year its first-quarter net profit in 2010 was
CNY2.85 billion while operating revenue totalled CNY1.55 billion
during the same period.
-By Joanne Chiu, Dow Jones Newswires; 852-2802-7002;
joanne.chiu@dowjones.com
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