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.
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