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On Monday, Yutong Bus revealed its quarterly financial report, indicating that the bus maker earned net profits of 283 million RMB in the first three months of this year, up by 6.65% year on year. Its earnings per share (EPS) stood at 0.22 RMB. In the same period, the company realized a business income of 4.396 billion RMB, up by 1.35% year on year.
In addition, the bus maker pledged that it would complete the integration of its auto spare parts business this year. Concerning the form, means and timing of injected capital, the company says they will be done according to the related laws, regulations, the maturity of the capital as well as its shareholders" general view.