Net profits of JMC down 22% although 3 fold more marketing fees
August 30,2012
www.chinatrucks.com: JMC released sales reports on the night of August 27, and the net profits for the listed company were 841 million Yuan, down 22%, and the sales revenues were 8.72 billion Yuan, down 5.42%. The total sales were 102,600 units, up 3%, but sales of Transit commercial vehicles and JMC light trucks decreased by 10.3% and 8.2%, and the market shares of Transit light trucks was 19.1%, down 2.2%.
The fees for promotion were 124 million Yuan, up 322%.
Source : www.chinatrucks.com
Editor : Mika
Views : 5068
Tags : JMC sales
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