TC

28/08/2015 12:13

Dongfeng Group (00489) 1H net down 19% to Rmb6.89bn; no div

    Dongfeng Motor Group (00489) said its profit attributable to shareholders for the six months ended 30 June 2015 dropped 19% year-on-year to Rmb6,885 million.
  Basic and diluted earnings per share were Rmb79.91 cents.
  The revenue was Rmb65,853 million, an increase of 102.4% from a year earlier, which was mainly due to the change in basis of consolidation and the increase in sales of new models of passenger vehicles.
  Gross profit rose 85.6% to Rmb8,426 million. The comprehensive gross margin decreased by 1.2 percentage points to about 12.8% from 14% of last year.
  No interim dividend will be distributed. 

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