JMC announces net profit of over 1b yuan so far this year

Carmen Lee From Gasgoo.com

Gasgoo.com (Shanghai July 15) - Jiangling Motors, also knows as JMC, announced a net profit of 1.08 billion yuan ($166.75m) since January of this year, the Nanfang Daily reported today. The amount represents growth of 3.53 percent for the manufacturer.

JMC sold 105,304 vehicles in the first half of this year, 19 percent more than the same period in 2010. The amount includes 29,991 Ford branded commercial vehicles, as well as 38,261 trucks and 37,052 SUVs and pickups with the JMC label.
 

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