Quanchai Power's first-half net profit of 32.75 million yuan

On August 21, 2014, Quanchai Power released a semi-annual report. In the first half of 2014, the domestic economy was generally stable, with steady progress. The growth rate of the automotive industry market has declined, while the construction machinery and agricultural machinery industries have developed steadily.

Affected by this, during the reporting period, the company sold 216,000 multi-cylinder diesel engines, a year-on-year decrease of 15.73%; operating income was 1.53844 billion yuan, a year-on-year decrease of 10.18%. The company closely revolves around its annual goals, actively adjusts its product structure, technological innovation, improves product quality and customer service levels, explores markets, strengthens financial management, reduces costs and increases efficiency, further strengthens foreign investment management, pursues refinement, and strives to improve As a whole, the net profit (net profit attributable to shareholders of the parent company) was 32.75 million yuan, an increase of 47.38% over the same period of the previous year.

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