BEIJING Wholesale Chicago Cubs Jerseys , Oct. 29 (Xinhua) -- China's leading new-energy carmakerBYD reported profit decline in the third quarter (Q3), but thecompany adjusted up its earnings estimate for the year as itexpected its domestic monorail transit system begins to bring inrevenue.
In Q3, BYD generated revenue of 28.9 billion yuan (4.35 billionU.S. dollars), up 3.76 percent year on year, while profitattributable to shareholders totaled 1.07 billion yuan, down 23.92percent year on year Cheap Chicago Cubs Jerseys , the company said in its latest filing on theShenzhen Stock Exchange.
In the first three quarters, BYD reported revenue rise of 1.56percent, while profit tumbled 23.82 percent.
A cut in government subsidies to new energy cars this year hasdragged down sales, as officials vowed to support vehicles ofhigher quality and with longer driving ranges.
Despite the profit drop in Q3, the company revised up itsearnings estimate for the whole year, saying that profit willdecline 15.09 percent in 2017 Wholesale Cubs Jerseys , narrowing from the 20.03-percentdrop in previous estimate.
The company expected rapid expansion in new energy car sales inthe fourth quarter (Q4), and said that growth momentum of otherbusiness lines including the mobile components segment would remainstrong.
It also said that as it completes the construction of monorailtransit system, or "Yungui", in many domestic cities, the segmentwould bring in considerable revenue and profit to the company inQ4.
The carmaker has spent around 5 years and 5 billion yuan todevelop the system and has received orders from both domestic andoverseas cities.
Monorail trains can run at a maximum speed of 80 km per hour.Compared with a subway system, a monorail requires only one-fifthof the building cost and one-third of the construction time Cheap Cubs Jerseys ,according to BYD. Enditem
Emre Can (C) of Germany celebrates with teammates after scoring during the FIFA 2018 World Cup Qualifiers Group C match between Germany and Azerbaijan at Fritz Walter Stadium in Kaiserslautern, Germany, on Oct. 8, 2017. Germany won 5-1.(XinhuaUlrich Hufnagel)
BERLIN, Oct. 8 (Xinhua) -- Reigning World Cup champions Germanyreaped their tenth win in as many games after easing 5-1 pastAzerbaijan in the last game of Group C in the World Cup qualifierson Sunday.
Germany have completed a perfect qualification campaign on theroad to Russia 2018 as a brace from Leon Goretzka helped the hoststo overcome Azerbaijan 5-1 in Kaiserslautern.
The hosts ensured a perfect start into the encounter as Germanybroke the deadlock eight minutes into the game when Leon Goretzkapicked up the ball following a corner to slot home with his backheel.
Joachim Loew's men should have added another goal to their leadat the half-hour mark but Sandro Wagner rattled only the woodworkfrom inside the penalty box.
Azerbaijan bounced back and shocked the hosts with the equalizerout of the blue after Ramil Sheidaev overcame Germany goalkeeperBernd Leno from sharp angle to make it 1-1 on the scoreboardsmoments later.
The equalizer put the hosts on the back foot, as Joachim Loew'sneeded half time to reload his team's offense. Germany grabbed the2-1 lead through Sandro Wagner Wholesale Jorge Soler Jersey , who benefited on Julian Brandt'scross in the 54th minute.
Germany gained momentum and extended their lead ten minuteslater when Antonio Ruediger's deflected header on target found theback of the net before Goretzka wrapped up his brace after tappinghome Leroy Sane's low cross in the 66th minute.
Azerbaijan were unable to put up resistance, whereas Germanykept it bowling to increase their advantage to 5-1 as Emre Canunleashed a hammer to beat custodian Kamran Aghayev with nineminutes to play.
With the result, World Cup-holders Germany complete theirperfect run with ten wins from as many games in the qualifierssince Spain in 2010.
Germany finished atop the standings in Group C with 30 pointsfollowed by Northern Ireland (19 points), the Czech Republic (15points), Norway (13 points), Azerbaijan (10 points) and San Marino(0 points).
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