Jiangling Motors reports mixed first-half results

Jiangling Motors reported total profit jumped 47.62% to RMB 817.7m in the first half, driven by vehicle sales rising 8.15% to 172,692 units.

However, net profit attributable to shareholders fell 18.17% to RMB 732.7m due to changes in minority shareholder profit and loss. Operating revenue increased marginally by 0.96% to RMB 18.1bn.