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Companies / China

Peugeot Citroën Upbeat On China

November 2006 | Company Finance Alert

France's PSA Peugeot Citroën is optimistic for its operations in China, after turning last year's first-half loss into a profit this year. The company posted a net profit of US$24.3mn (CNY191mn) for the year to June, compared with a loss of CNY636mn, while operating profit was CNY490mn, from a loss of around CNY600mn last

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