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Yutong Bus Profits 632 million Yuan Jan to June, up 7%

2013-08-21    
Yutong Bus released their sales report on Monday, and their sales revenues were 9.66 billion Yuan in the first half year, up 16.48% over last year, and the profits were 632 million Yuan, up 7.18% over last year.
Yutong Bus released their sales report on Monday, and their sales revenues were 9.66 billion Yuan in the first half year, up 16.48% over last year, and the profits were 632 million Yuan, up 7.18% over last year. 
 
Yutong operation costs increased by 33.44%, which are mainly comprises development costs, new energy production base, land purchasing and related taxes. Yutong energy-saving and new energy bus production base started to run and they sold 2000 hybrid buses and its market shares are 40%.