The first half of China's north car net gain 633 million year-on-year increase 65%

NetEase Finance August 26 news China North Car issued a notice, the first half of 2010, the company realized operating income of 24.875 billion yuan, increased by 10.046 billion yuan a year earlier, an increase of 68%, the realization attributable to the parent company net profit of 633 million yuan, the same period increased by 249 million yuan, an increase of 65%. During the reporting period, the Company's operating income increased significantly by 68%, the main reason for the growth is that with the rapid development of rail transportation equipment manufacturing industry in recent years, the company actively seize the development opportunities, fully enhance the technical advantages, to increase the EMU and high-power electric locomotives,　　The development of new products and the investment of technological transformation, which is represented by Metro vehicles, has increased production capacity and market sales, thus leading to a significant increase in business receipts during the reporting period.　　On the basis of the rapid growth of 2009 years, the locomotive business income continued to maintain rapid growth in the first half of 2010, mainly the company's product upgrading, the continuous increase in market demand for new products high-power locomotive sales increase, which led to a significant increase in locomotive income. During the reporting period, the Company's operating income increased significantly by 68%, the main reason for the growth is that with the rapid development of rail transportation equipment manufacturing industry in recent years, the company actively seize the development opportunities, fully enhance the technical advantages, to increase the EMU and high-power electric locomotives,　　The development of new products and the investment of technological transformation, which is represented by Metro vehicles, has increased production capacity and market sales, thus leading to a significant increase in business receipts during the reporting period.　　On the basis of the rapid growth of 2009 years, the locomotive business income continued to maintain rapid growth in the first half of 2010, mainly the company's product upgrading, the continuous increase in market demand for new products high-power locomotive sales increase, which led to a significant increase in locomotive income. During the reporting period, the company's domestic market operating income growth of 66%, the international market operating income growth of 84%, mainly due to the reporting period, the company actively explore domestic and international markets, production capacity, production and sales volume than the previous year growth, so that domestic and foreign markets have a larger range of growth.