sector: Cyclical Consumer Goods & Services ·
industry: Auto & Truck Manufacturers ·
As of
12:00pm IST
23.00TWD
China Motor Corporation is principally engaged in the manufacture and sale of automobiles, as well as the related parts and components. The Company primarily provides commercial vehicles under series of FUSO, CANTER, DELICA, ZINGER, FREECA and VERYCA. The Company also offers sedans under series of GRUNDER, SAVRIN, LANCER FORTIS and COLT PLUS, while offers recreational vehicles under series of OUTLANDER, SAVRIN, SARIN INSPIRE and ZINGE. The Company mainly distributes its products within the domestic market. During the year ended December 31, 2008, the Company sold 11,258 units of sedans and 9,162 units of recreational vehicles.
BRIEF: For the six months ended 30 June 2009, China Motor Corporation's revenues decreased 2% to NT$16.49B. The Company's net income before accounting change decreased 3% to NT$90.8M. Total revenues reflect a decrease in sales volume due to weak market demand. Net income for the period also suffered from a significant increase in research & development expense, as well as obviously decreased interest income.
China Motor Corporation
11F, No.2, Section 2
Tun Hwa South Road
Taipei
P: +8862.23250000
F: +8862.27082913