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On the 25th, after the Yutong Bus issued its annual report, the company earned 1.55 billion yuan in 2012, an increase of 31.18% year-on-year. It is planned to adopt a profit distribution plan that will increase 8 shares for every 10 shares and 7 yuan for cash dividends.
During the period, the company realized operating revenue of 19.763 billion yuan, an increase of 16.72% year-on-year; and realized a per-share return of 2.31 yuan, an increase of 12.14% over the same period of last year.
In 2012, the company sold 51,688 buses and achieved the goals set at the beginning of the year.
The company expects in the annual report that the Chinese bus market will continue to grow in the coming years. The company's operating plan for 2013 was to achieve a revenue of 22.3 billion yuan and a cost of 2.3 billion yuan.
In 2012, the company plans to adopt a profit distribution plan for every 10 shares for 8 shares and a cash dividend of 7 yuan.