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China’s Zhongtong Bus doubles profit in the first half of the year thanks to recovery in tourism


China’s Zhongtong Bus doubles profit in the first half of the year thanks to recovery in tourism

(Yicai) Aug. 23 — Chinese bus maker Zhongtong Bus said its net profit more than doubled in the first half of the year thanks to a sharp rebound in domestic tourism and rising demand from abroad. Net profit rose 115 percent year-on-year to CNY11 million (US$15.5 million) in the six months to June 30, the […]