Reported 9 months ago
Yulon announced a monthly revenue of 7.719 billion NT dollars for May, with a slight decrease from the previous month but a 13.6% year-on-year growth, largely supported by the steady delivery of Luxgen vehicles. Changan also experienced a 17.12% year-on-year growth in revenue for May, reaching 3.839 billion NT dollars, driven by MG sales, with cumulative revenue for the first five months of the year at 20.138 billion NT dollars. Both companies are expected to maintain this revenue scale until the end of the third quarter, with Changan looking forward to a boost in sales from the upcoming launch of its first electric vehicle.
Source: YAHOO