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Yutong Bus Co sales revenue hits $1.72 billion, up 24 percent Y-o-Y
Shanghai. January 23 (Gasgoo.com) – China’s largest bus-maker Zhengzhou Yutong Bus C0., sales revenue reached RMB 12.5 billion ($1.72 B), up 24 percent from one year earlier, China Securities Journal reported yesterday.
The company also release its 2007 report forecast last week, which says, the company’s profits in 2007 grew 50 percent from one year earlier.
The company sold a total number of 28,839 units of all kinds of vehicles (buses, engineering vehicles and special purpose vehicles) in 2007, up 39 percent from one year earlier.
The bus-maker sold 25,522 buses, up 41.5 percent from previous year. The company’s bus sales revenue reached 8.8 billion yuan ($1.22 B), up 36.5 percent from one year earlier.
The company exported 3,319 buses, up 84 percent year-on-year and total value of bus exports reached 1.39 billion yuan ($192.25 M), up 92 percent from one year earlier.
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