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Net Profits of Weichai Power up 14% in the First Quarter
Date:2011-04-29 Author:Eric Source:www.chinatrucks.com
www.chinatrucks.com: Sales revenues of Weichai Power amounted to 18.45 billion Yuan, up 21.63%. The net profits were 1.85 billion Yuan, up 14.43%.
Its holding company, Shaanxi Auto, sold 33,200 heavy trucks in the first quarter this year, up 17%. And as many as 190,000 Weichai engines were sold out, up 30%.
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