Chinese auto maker Dongfeng Motor Group Co. (0489.HK) said Friday its first-quarter net profit totalled CNY2.86 billion (US$440 million), without providing year-earlier figure for comparison.

The Chinese car maker said in a statement its first-quarter operating revenue was CNY1.06 billion.

Dongfeng Motor is the main listed unit of state-owned Dongfeng Motor Corp., China's third-largest auto maker by sales volume after SAIC Motor Corp. and FAW Group Corp. It has joint production ventures with Honda Motor Co., Nissan Motor Co. and Peugeot SA.

It reported last year its first-quarter net profit in 2010 was CNY2.85 billion while operating revenue totalled CNY1.55 billion during the same period.

-By Joanne Chiu, Dow Jones Newswires; 852-2802-7002; joanne.chiu@dowjones.com

 
 
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