Changchun Yidong Clutch Co., Ltd. Highlights for FY2006
Business Highlights
Performance
for FY2006 (million
yuan)
| 2006 | 2005 | Factors | |
| Sales | 445.64 | 362.78 | Sales
and profit rose year-on-year, thanks to the following factors: - Overall recovery in the Chinese automotive market; - increased sales of high-priced clutches used in heavy-duty vehicles; - and greater sales of clutch components. |
| Net profit | 8.16 | 2.15 |
Investment Activities
Capital investment projects
in FY2006
A total of 2.23 million yuan was invested in three projects as mentioned below, as of the end of December 2006.
A total of 2.23 million yuan was invested in three projects as mentioned below, as of the end of December 2006.
| Projects | Description | Progress |
|
Increasing production capacity to make 1.3 million clutches per year |
Installing additional production facilities |
Under construction |