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Net Profits of Quanchai Engine Reach 32.75 million Yuan, 47.38% up

www.chinaspv.com: According to the semi-annual report on 21 Aug.2014, the sales of Quanchai multi-cylinder diesel engines come to 216,000 units, year-on-year growth of 15.73% down; the revenue adds up to 1.53844 billion Yuan, year-on-year growth of 10.18% down, affected by the macro-environment. With the dedication and the effort, this builder obtains the net profits of 32.75 million Yuan (included in the net profits of the shareholders of the holding company), year-on-year growth of 47.38%.

In Jan.-Jun.2014, Anhui Quanchai Engine Co.,Ltd. actively adjusts product structure, conducts technology innovation, improves product quality and service, opens market and increase financial, investment and operation management in the background that the domestic economy overall runs steadily, forward trend in the first half of this year, the growth of automobile industry reduce slightly while the development of engineering machinery and agricultural machinery proceeds smoothly.

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