Former China SUV Highflier Great Wall Motor's Profit Falls In 1st Half |
| August 25, 2014 | August 2014 Bond Updates |
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Great Wall Motor, the Chinese automaker controlled by billionaire Wei Jianjun, said on Friday net profit in the first half fell by 3% to 3.95 billion yuan, or $643 million in the first half of the year on “an increase in technology development fees.” Sales increased by 8% to 28.5 billion yuan, or $4.6 billion. |
| View more at: http://www.forbes.com/sites/russellflannery/2014/08/24/former-china-suv-highflyer-great-wall-motors-profit-falls-in-1st-half/ |
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