News Column

SAIC Motor H1 Net up 18.37%

August 14, 2014

SHANGHAI, August 14, SinoCast -- SAIC Motor posts that it gained CNY 318.26 billion in the first half of the year, up 13.9% year on year; it made CNY 13.57 billion net profits, up 18.37%, and achieved CNY 1.231 earnings per share.

The company sold 2.86 million complete cars in the period, up 11.6% year on year. The sales volume continued to be the highest in Chinese market; sales growth was 2.1 percentage points higher than nationwide average; home market share the company took was 23.6%, 1.1 percentage points higher than the end of last year.

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Source: Sinocast Transportation Beat (China)

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