Automobile retailer Lentuo International Inc. (LAS) reported first-quarter net income of 16.8 million renminbis or 0.28 renminbi per share, down from 29.9 million renminbis or 0.51 renminbi per share in the same period last year.
Total revenues for the latest quarter rose 26.5 percent to 756.8 million renminbis from 598.2 million renminbis in the year-ago comparable quarter.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.