SAIC Q1 net up 7 pct from revised year-ago figures


BEIJING, April 27 (Reuters) - Top Chinese automaker SAIC Motor Corp reported a 6 .95 percent increase i n first quarter earnings from revised year-ago net profit, despite a annual slowdown in first quarter vehicle sales. From January to March, SAIC booked 5.61 billion yuan ($889.6 million) in net profit. It said the year-ago figure was revised. The result was better than the average forecast of 3.98 billion yuan of 15 analysts polled by Thomson Reuters. SAIC operates car manufacturing ...

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