Shanghai, May 5 (Gasgoo.com) China's truck maker Sinotruk reported operating revenue of 4.047 billion yuan ($590 million) in the first quarter, down 14.07% year on year (y/y) and net profits of 56.22 million yuan in the same period, declining by 63.56% y/y, the company said in a report.
The truck giant saw sales decline in the first quarter but a significant rally in March.
According to the report, Sinotruk sold 15,300 heavy duty trucks in the first quarter, down 17.66% y/y. March sales reach 10,044 units, just falling by 4.49% y/y.
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