China's Dongfeng H1 net up 69 pct on higher sales

Newswire

HONG KONG, Aug 28 (Reuters) - China's third-biggest vehicle maker, Dongfeng Motor Group Co. Ltd. , posted a 69 percent rise in first-half earnings on higher sales and a turnaround at its joint venture with France's PSA Peugeot Citroen . Dongfeng said on Monday it earned 1.11 billion yuan ($139.3 million) in the first half against 660 million the previous year, slightly above a consensus forecast of 1.07 billion yuan from three analysts surveyed by Reuters. Earnings were boosted by a 33 ...

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