BEIJING, March 29 (Reuters) - China's largest automaker SAIC Motor Corp said on Thursday that fourh-quarter net profit rose 67 percent from a year earlier. SAIC said net profit for October-December was 6.93 billion yuan, up from 4.15 billion yuan a year earlier, slightly higher than a consensus forecast of 6.72 billion yuan from 14 analysts polled by Thomson One. SAIC said in January that it expected a more than 40 percent rise in 2011 net income on solid auto sales and a $4.4 billion asset ...
Premium Content (PAID Subscription Required)
"SAIC says Q4 net up profit 67 pct," is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.