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    Yutong Bus: there are new improved market share

    發布時間: 2011-08-25    瀏覽次數:2956

    First half of 2011, Yutong Bus operating income 6.406 billion yuan, up 15.93%; to achieve net profit attributable to shareholders 422 million yuan, an increase of 16.63%, corresponding to EPS of 0.81 yuan, slightly over our expectations.

    In the first half, Yutong medium-sized passenger car sales to 17,305, an increase of 13.46% over the same period sales of medium and large passenger car industry as a whole fell 1.67%, far exceeding the industry average sales volume growth, market share continues to increase. In 2009, the first half of 2010 and 2011, the company's market share in medium and large passenger cars were 19.6%, 23.6% and 25.0%, rise significantly.

    Expected to be completed next year the new production bases, production capacity will ease the bottleneck: the company's passenger car production capacity of 20,000 base expansion has already started, is expected to put into operation in the second half of next year, when the standard production capacity will reach 55,000, as full capacity production of up to 70,000 above, capacity is expected to greatly ease the bottleneck.
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