Quarterly earnings showed steady increasing trend compared with the same period.
On October 25, 2012, Fuyao released third quarter report that the total income of first three quater was 7.55 billion Yuan, which increased 6.3 percent compared with the same period of last year. The parent company’s income was 1.16 billion Yuan, decreased by 0.9 percent. Each one quarter was increased by 9.3 percent, and the first and second quarter was 1.2 percent and 7.8 percent.
Overseas markets continue to maintain a high growth.
The main markets are North American, Asia regions, etc. According to the analysis of world’s automobiles distribution of this year, European countries was a sharp decline trend, whereas, North American and Asia regions were in a steady increasing trend. In hence, Fuyao’s overseas market also showed increasing state.
Fuyao goes into fruit period.
After operation in Zhengzhou and Chongqing, Fuyao will go into fruit time in five years depending expansion on the original factories.
