Wuhan General Q1 net profit up 294 percent on industrial equipment sales

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Updated: 2007-06-18 15:54

Wuhan General Group (China) Inc said first quarter net profit rose 294 percent year-on-year to US$1.85 million on strong sales of industrial blowers used in steam-powered electricity generating plants.

Revenue rose 231 percent year-on-year to US$12.28 million.

Diluted earnings per share totaled 0.09 US dollars, up 300 percent year-on-year.


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