SAIC Iveco Hongyan Commercial Vehicle Co., Ltd. Rapidly Increases Tax Revenue in First Half Year


In the first half of the year, SAIC Iveco Hongyan Commercial Vehicle Co., Ltd. achieved a tax revenue of 111.54 million yuan, an increase of 113.99 million yuan over the same period of last year, including a value-added tax of 118.27 million yuan (no value-added tax during the same period of last year); and withholding tax of 1.27 million yuan, a year-on-year decrease of 70.33%. A reduction of RMB 3,100,000 was made; 17,111 commercial vehicles were produced, an increase of 47.04 percent over the previous year, an increase of 5,474 units; and 17,421 commercial vehicles were sold, an increase of 70.76% over the same period last year, an increase of 7,219 units; the current sales revenue was 383.31 million yuan, an increase of 63.29% over the same period of last year. 148510 million.

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