HIGHLIGHTS
1. Vmoto achieves first profitable financial year with a net profit of A$404,460 (unaudited)
2. Total unit production from facility of approximately 60,500 units, a significant increase in comparison to 2012
3. PowerEagle 2013 production schedule met, with production of 44,235 units pursuant to cooperation agreement
4. Ten retail stores opened in China during the 2nd half of the year, with over 3,700 units sold in the financial year from Vmoto’s Chinese stores
5. Eleven new models of electric two wheel vehicles launched for the Chinese domestic market
6. Other joint ventures, tenders, trials and collaborations within China and other countries in motion and being assessed
7. A$6.8 million raised (before costs) from institutional and sophisticated investors to assist the Company in meeting the electric two wheel vehicle market demand and continued expansion into China
HIGHLIGHTS1. Vmoto achieves first profitable financial year with...
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