| 18-01-2008 According
to Zhongtong's estimate, its retained profits had an increase of 397.47% in 2007
compared with the same period in 2006, it was siad that the main reasons are because
the extension of sales force size and brand effect, and the decline of non-operating
expenses. Zhongtong
announced its income from main business is 1.333 billion Yuan, up 32.13, retained
profit is 26,720,000 Yuan, rising 397.47% and EPS is 0.1121 Yuan with an increase
of 398.22%. From January to October, Zhongtong had exported 1100 unit buses, equvalent
to 0.35 billions Yuan,expecting its sales amount to break through 0.45 billions
Yuan in whole 2007. Meanwhile, the price of complete vehicles rose 30% which was
considered as a improvement of technology, quality and brand effect. Zhongtong
has
its vehicles service in Middle East, South Africa, and now aiming to enter
Europan and American markets. Editor:
William Qian from Chinabuses.com
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