Friday, January 28, 2011

Ocean Motor: 16.47% increase in 2010 net profit

Annual Report 2010 released, the company achieved net profit of 228 million in 2010, an increase of 16.47%, earnings per share 0.53 yuan, an increase of 15.22%. Company plans to cash dividends every 10 shares 2.8 yuan (including tax).

Report shows that in 2010 the company achieved operating income of 2,187,125,400 yuan, operating profit of 249,435,400 yuan, net profit of 227,740,200 yuan, of which the net profit attributable to equity holders was 228,467,800 yuan. Compared with a year earlier, operating income increased by 50.91%, operating profit, net profit, net profit attributable to equity holders increased by 12.16%, 16.46%, 16.47%. The main reason for the company's business growth in order to avoid excessive dependence on international trade protectionism in overseas markets led to exchange rate risk and concentration risk, the company marketing strategies were adjusted appropriately to increase efforts to develop the domestic market to achieve domestic and international markets balanced development pattern.

Ocean motor company annual report also describes the development of new industries, new energy companies in 2010 drive system (referred to as "EV") industrialization project is progressing very well with a new energy automotive industry, technical strength Helping automotive companies for further cooperation, while cooperation between the University and the North has also made new progress in the new energy automotive electric drive system products, market development and technical cooperation has made great achievements. 2010, after the company EV industry, technology and management team work together to achieve a new motor and control system energy vehicles and other products of more than 8191 million in revenue, the current leading position in the domestic industry. car auto insurance

Report said the company business plan in 2011 and the main objectives are: 2011 is expected to maintain substantial growth in operating income, and strive to complete the 3.07 billion yuan, up 40% over 2010; estimated operating cost 2.48 billion yuan, representing an increase of 2010 42%; to fulfill the net profit of 270 million yuan, representing an increase of 20% in 2010.

Honda 2010 global sales increased 5% to 3.56 million

K-Swiss Auto News Honda Motor has announced that in 2010 the company sold worldwide 356 million vehicles, an increase of 4.8%.

Honda Motor Company said that in 2010 the company's overseas sales accounted for 81.8% of global sales, rose 5.1% to 291 million. Them. North American sales of 1.42 million, an increase of 6.3%; China sales to 655,000, an increase of 12.5%.

In addition, Honda Motor Co. said its global production rose 20.9% to 3.64 million, of which Honda's automobile production in China was 67.7 million.cheap car insurance

It is reported that in 2010 Japan's top carmaker Toyota's global sales of 8,418,000, while Nissan's global sales of 4.08 million to rely on the sales of enterprises to become Japan's second cart