Dongfeng posts first net loss as ventures with Japan carmakers slump

GUANGZHOU -- Dongfeng Motor Group has logged its first full-year net loss since the major state-owned Chinese automaker's 2005 listing in Hong Kong, dragged down by plunging profits from joint ventures with Japanese partners. The company reported Thursday a 3.9 billion yuan ($540 million) loss for…#guangzhou #dongfengmotorgroup #hongkong
Source: Reuters: Health - Category: Consumer Health News Source Type: news