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Provider: Reuters Investment Profile
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Provider: Wright Reports
Provider: Huarong Securities Co., Ltd

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Chongqing Changan Automobile Co Ltd Announces FY 2013 H1 Net Profit Outlook

Friday, 12 Jul 2013 08:00pm EDT 

Chongqing Changan Automobile Co Ltd announced that it expects its net profit for the first half of fiscal year (FY) 2013 to be RMB 1,260 million to RMB 1,360 million, or to increase by 121.04% to 138.58%, compared to the net profit of the same period in FY 2012 (RMB 570,029,400). The Company cited the increased sales of cars and increased investment income as the main reasons for the forecast. 

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