China National Heavy Duty Truck Group said on July 14 that the good production and sales situation in the first half of this year will enable the company to increase its annual production and sales target to 190,000 units, and will strive to achieve production and sales volume of 200,000 vehicles. This goal is similar to that proposed at the end of last year. This year's expected goal has grown by nearly 40%.

Previously, CNHTC announced that it had produced 110,138 heavy vehicles in the first half of the year, an increase of 67.41% year-on-year; sales of 115,627 vehicles, an increase of 69.8% year-on-year; and sales revenue of 44.87 billion yuan, an increase of 61% year-on-year.

However, relevant persons from the company told reporters that the increase in production and sales during the first half of the year showed a larger increase, due to the traditional sales season in the first half of the year, and national investment to stimulate economic development and export recovery. However, the rapid growth situation in the first half of the year will continue. There are now variables. In June, the production and sales cycle has dropped significantly.

China National Heavy Duty Truck announced on the 14th that the company expects net profit from January to June 2010 will be about RMB 550 million, which is an increase of approximately 150%-160% compared with the same period in 2009; basic earnings per share will be approximately RMB 1.3.

China National Heavy Duty Truck Co., Ltd. turnover reached its highest level on the 14th and closed at 20.92 yuan, up 4.81%.
View related topics: China National Heavy Duty Truck Breaks Monthly Sales Record for National Heavy Truck Industry


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