Zhongtong Bus's 2016 revenue of 9.257 billion yuan increased by 30.13% and net profit of 585 million yuan increased by 46.56%.
On April 12, Zhongtong Bus Holdings Co., Ltd. released its 2016 annual earnings report. According to express reports, the total revenue of Zhongtong Bus in 2016 was 9.257 billion yuan, a year-on-year increase of 30.13%. Among them, the net profit attributable to shareholders of listed companies was 585 million yuan, an increase of 46.56% year-on-year.
In 2016, under the market environment in which the country vigorously promoted new energy passenger cars, the sales of new energy passenger cars by Zhongtong Bus continued to increase, and the revenue and profit of main operations in 2016 also increased accordingly. The decrease in earnings per share and net assets per share of Zhongtong Bus was mainly attributable to: In 2016, China Express implemented a profit distribution plan for a capital increase of 10 shares for every 10 shares of capital reserve, resulting in a 592,903,936 share capital change from 296,451,968 shares. .
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