Net profits of Sinotruk in first quarter of 2010 is increased twice
(chinatrucks.com, April 30, 2010) It is disclosed by Sinotruk’s report of first quarter in 2010 on April 28 that net profit of Sinotruk in first quarter is 17,400,000 euros, and it has increased twice by same time in 2009.
The quarter report showed that the sales revenue within the report range is 601,000,000 euros, and the sales revenue of the same period in 2009 is 404,700,000 euros, which has increased 48.51% by same time of 2009. Net profit is 17,400,000 euros and net profit of same time in 2009 is 5,622,000 euros, which has increased 208.70% by same period in 2009.
Promising growing market and prosperous production and sales are the two main reasons for profit rocketing in first quarter of Sinotruk in 2010. At present, Sinotruk is devoted to the research of cleaning energy for commercial vehicles, especially the technology research of hybrid.
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