MENAFN - Jiangling Motors Corporation Ltd. days ago revealed performance for 2012, recording net profit of CNY 1.544 billion in the year, sliding 17.49% year on year, because of strategic price downgrade, changing sales portfolios and increasing expenses for research and development. Operating revenue reached CNY 17.475 billion, climbing 0.1%. Earnings per share were CNY 1.79.
Meanwhile, the company sold 200,000 complete cars, inching up 3%, including 57,177 Ford commercial cars, 68,540 JMC trucks and 74,291 JMC pickup trucks and SUV.
