Chinese motorhome maker New Gonow (00805.HK) reported unaudited interim results on August 31: first-half revenue rose 14.9% to 473 million yuan, but net profit dropped from 31 million to 8.44 million yuan due to higher expenses from expanding its own retail stores and currency losses. The company delivered 1,508 motorhomes (+10.3% year-on-year), with Snowy River sales up 17.5% and NEWGEN down 55.8%. In the second half, it plans to launch 8 new models and upgrade 16 existing ones.
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World of motorhomes — here
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