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Bright - China - Not everything does shine in China
Brilliance China Automotive Hold. Ltd. announces interim results
Hong Kong, China -Automotive -Sept 23, 2005 (:- ' Brilliance China Automotive Holdings Limited announced today the interim results for the six months ended June 30, 2005 prepared in accounting principles in the United States of America... Unaudited consolidated net sales of the Company and its operating subsidiaries... in the first six months of 2005 were Rmb2,796.0 million (US$337.7 million), representing a 27.5% decrease from Rmb3,857.5 million (US$465.9 million) for the same period in 2004. The decrease in sales was primarily due to the decrease in the unit sales of Shenyang Automotive's minibuses and, especially, Zhonghua sedans, a decrease in average unit selling prices and changes in product mix...
posted by Unknown @ 3:31 PM
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