Cimc Vehicle Co., Ltd. Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2019
August 26, 2019 at 10:59 am EDT
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CIMC Vehicle (Group) Co., Ltd. reported unaudited consolidated earnings results for the six months ended June 30, 2019. For the period, the company reported revenues of RMB 12,605.058 million against RMB 11,279.398 million a year ago. Operating profit was RMB 976.263 million against RMB 849.916 million a year ago. Profit for the period was RMB 827.525 million against RMB 653.426 million a year ago. Earnings per basic and diluted share was RMB 0.50 against RMB 0.40 a year ago.
CIMC Vehicles Group Co Ltd is a China-based company principally engaged in the production, manufacturing and sales of semi-trailers, special-purpose vehicle tops and complete vehicles, refrigerated vans and complete vehicles. Its semi-trailer products include container frame vehicles, flatbed vehicles and their derivatives, side curtain semi-trailers, van semi-trailers, refrigerated semi-trailers, tank semi-trailers and special category semi-trailers. Special-purpose vehicle top and complete vehicle products include urban dump truck top and complete vehicles, concrete mixer top and complete vehicles. Semi-trailer and special vehicle parts include various parts in the operation and maintenance process of various models, mainly axles, tires, axle ends and braking systems. The Company conducts its businesses both in the domestic market and overseas markets.