Chongqing Changan Automobile Co. Ltd Provides Earnings Guidance for the Year of 2013; Announces Sales Results for the Year of 2013
January 03, 2014 at 06:38 am EST
Chongqing Changan Automobile Co. Ltd. provided earnings guidance for the year of 2013. For the year the company expected net profit to grow between 121.24% and 167.72% year on year in 2013. The net profit last year was forecasted at RMB 3.2 billion to RMB 3.8 billion. Basic earnings per share were in the range of RMB 0.69 to RMB 0.81.
The company sold about 2.13 million vehicles in 2013, reflecting a growth of 21.3% from the previous year.