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Net profit of 94 listed suppliers drops 42 percent

BEIJING – Total net profit of 94 domestic-listed suppliers dropped 42.11 percent to ¥12.96 billion ($2.04 billion) in the first half of 2015, due to the weak macro economy and increased material costs, according to 2015 semi-annual reports released by these suppliers as of August 31.     Sales revenues

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Weichai Power’s net profit nearly doubles in 2010

WEIFANG, Shandong – Weichai Power Co., Ltd., a leading diesel engine manufacturer in China, announced on March 31 that its net profit nearly doubled to ¥6.78 billion ($1.0 billion) in 2010, thanks mainly to the rapid development of the country’s macro economy. The company reported sales revenue of ¥63.3 billion

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