| 27-03-2008
Benefited from nationwide upgrade of bus products, Ankai has a good beginning in the year of 2008. In 2008, Ankai signed a big order worthed 51.347 million euros, exporting 600 units public transport bus to Iran. This order will be executed in this month and finished in this October. In addition, Ankai is now actively exploring overseas market, and is expected to enter to developed countries. Meanwhile, Ankai remains optimistic towards overseas market sales in 2008 and predicts the gross profit of the products will above 15.5%.
Until 2007, Ankai has kept a good performance in domestic market, realised sales revenue 1 billion RMB and is likely to attain 1.1 billlion yuan in 2008 and 1.45 billion yuan in 2009.
James Yin
Editor:James Yin from Chinabuses.com
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