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Chang’ans Profit Drops, But Sales Rise

In 2018 China Car Times was acquired by Autowise. This article originally appeared on

Chang’an Motors, Chinese Car News | CCTApril 30, 20072:03 pm

From the Shanghai Daily:

CHONGQING Changan Automobile Co said first-quarter profit fell 14 percent as competition caused the companys profit margin to narrow.

Net income fell to 161.2 million yuan (US$20.9 million), or 0.1 yuan per share, by international accounting standards, from 186.4 million yuan, or 0.12 yuan, a year earlier, the Chongqing-based company said in a Shenzhen stock exchange statement yesterday.

Sales rose to 6.6 billion yuan from 5.9 billion yuan. Chongqing Changan is a partner of Ford Motor Co.


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  1. jackson li says:April 30, 2007 at 4:14 pm

    thats not good, they need to launch those new models they have show in the autoshow into the market as soon as possible


  2. Bob says:April 30, 2007 at 6:19 pm

    What about a sports ben ben?


  3. dragin says:May 2, 2007 at 9:47 pm

    Being so far in the interior, the company is at a real logistics disadvantage. Upping export sales this year will help.


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