• Most Popular
  • Most Shared

TABLE-China's Jiangling Motors 2007 net up 21 pct

Fri Mar 14, 2008 11:42pm EDT

Stocks

   
 SHANGHAI, March 15 (Reuters) - Year ended Dec. 31, 2007.
 (in millions of yuan unless stated, against 2006 figures):
                                 2007                   2006
 Turnover                    8,455.55      vs       7,654.74
 Net profit                    759.16      vs         628.93
 Earnings per share (yuan)       0.88      vs           0.73
 Assets per share (yuan)         4.09      vs           3.51
 Pre-tax dividend (yuan)         0.30      vs           0.30
 Company: Jiangling Motors Co. (000550.SZ)(200550.SZ), based
in the central province of Jiangxi, is 30 percent owned by Ford
Motor Co. (F.N). It makes and sells the JMC series of light
trucks and pickups as well as Ford commercial vehicles and
associated spare parts.
 Note: The company published audited results, compiled under
domestic accounting standards, on Saturday.
 The number of vehicles sold by Jiangling reached a new
record of 95,059 in 2007, rising from a previous record of
85,214 vehicles in 2006. The company made a total of 96,147
vehicles in 2007.
 Jiangling said its earnings rose in 2007, thanks to healthy
growth in the automobile industry and the company's expanded
range of vehicle models.
 ($1 = 7.0894 yuan)
 (Editing by Ben Tan)



More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article