Shuguang Co., Ltd. released its 2010 annual report on March 28, 2011, and realized operating revenue of approximately RMB 6.1 billion, an increase of approximately 50.8% year-on-year.
The goal is steady, growth will come from a more solid product structure adjustment
In 2010, the net income of Shuguang Co., Ltd. in terms of revenue and shareholders attributable to listed companies increased by approximately 50.9% and 51.2%, respectively. Profit growth was higher than revenue growth.
The company's annual revenue plan for 2011 reached about 7.57 billion yuan, and plans to grow about 24%. The prudent target of the income plan reflects the company's good work style of doing things practically. In the future, the company will focus on improving product quality, adjusting product structure, and expanding overseas markets. With the development of new customers, the Sumitomo Axle suspension products will further increase by nearly 30% in 2010. The vigorous development of overseas markets will result in a better improvement of the company’s traditional business profits, and profits will continue to increase. Expected growth.
In 2010, the company's business grew rapidly. Approximately 1.36 billion yuan was realized for the sales of external axles, a year-on-year increase of approximately 53.5%; a total of 4,692 vehicles for sales of large and medium-sized passenger vehicles, an increase of approximately 37.8% year-on-year; the passenger vehicle business realized sales revenue of approximately 1.60 billion yuan, an increase of approximately 22.8% over the same period of last year; 15,820 vehicles, an increase of approximately 94.7%; a total of 19,022 sales of pickup trucks, an increase of approximately 51.7% year-on-year; passenger vehicle sales revenue of approximately 2.2 billion, an increase of approximately 82.5%.
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