Article: FOTON MOTOR SAW JUL-SEP EARNINGS SOAR 92.08%


AsiaInfo Services
10-31-2007
Foton Motor Saw Jul-Sep Earnings Soar 92.08%

BEIJING, Oct 31, 2007 (SinoCast via COMTEX) -- Beiqi Foton Motor Co., Ltd. (SHSE: 600166), a subsidiary of Beijing Automotive Industry Holding Co., Ltd., has posted its financial report for the first three quarters of 2007.

The report shows that the company gained CNY 20.8 billion turnovers with a yearly 45.61% rise, CNY 285.18 million net profits, CNY 0.3515 earnings per share and a 15.997% of return on equity during the first nine months of this year.

During the July-September period, the company achieved CNY 47.72 million net profits with a rise of 92.08% from a year earlier, CNY 0.0588 basic earnings per share and ...

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