2.6 milli

r small cars due to its line up of medium-to-high-end models. In a statement to the Shenzhen Stock E

on units t

xchange, the automaker said its net profit in the first half of the year rose 5.83 percen▓t to 535.28 m

his year.

illion yuan, up from 505.77 million yuan a ye▓ar earlier. Revenue rose 11.51 percent year-on-year to 11

Because of the f

.63 billion yuan, from 10.43 billion y▓uan, while operating profit and total profit fell 10.79 and 10.9

its. About t

75,315 vehi▓cles, including Besturn, Hongqi, Mazda 6 and Wagon vehicles, up 27.6 percent over last

ALL

for last year. 

and profit margin of Besturn, the company's major product, are relatively lower, FAW Car's gross prof

According tAPRIL 12

▓it ratio reduced 2 percentage points from a year earlier," said Industrial Securities in a report yesterday. The brokerage predicted that total sales of FAW Car this year would be around 1

o CAAM, ChinAPRIL 12

50,000 units, while revenue and net profit are expected to reach 23 billion yuan and 1.2▓4 billion yuan. Shares of FAW Car and its sister company T▓ianjin FAW Xiali Automobile Co were suspen

a's auto produ

ded yesterday from trading in the Shenzhen Stock Exchange pending company statements regarding a r▓

million units respectively in November. Overall auto sales topped 12.23 million units in the first 11 months,
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