Qingling H1 net up 15 pct as China truck mkt grows

Newswire

HONG KONG, Aug 22 (Reuters) - Truck maker Qingling Motors Co Ltd , the least fancied of the three Hong Kong-listed Chinese automotive firms, on Friday reported a 15 percent rise in interim profits although analysts said the company lags broader growth in the truck market. The Chinese partner of Japan's Isuzu Motors reported six month net profit of 68.3 million yuan (US$8.25 million), compared with year-earlier profit of 59.4 million yuan. While China's passenger car market is exploding, ...

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