Changan Third Quarter Revenue Mounts to 8.28 Billion Yuan, Increases 34.1%

Changan Auto published sales record for the third quarter on 29 Oct that the company has realized 8.28 billion Yuan, which has increased 34.1% over the performance of last year. And its net profit has mounted to 954 million Yuan, which has increased 415.22%. Up to now, revenue of first three quarters reaches 38.03 billion Yuan, and net profit reaches 2.29 billion Yuan, which have increased 38.64% and 202.54% respectively.

According to statistics, the first three quarters of Changan sales growth exceeds last year performance obviously. And its third quarter production and sales grow fast. Changan Auto said that during report time, its production and sales grows faster than industry average does. Business operation remains stable growth. It is because of auto production and sales increase, product construction optimize and joint ventures Changan Ford profit increase, revenue, investment profit, profit, and net profit increase dramatically.