Dongfeng Motor Group Co ( (HK:0489) ) has provided an update.
Dongfeng Motor Group Company Limited announced its audited consolidated results for the year ended December 31, 2024. The company reported a revenue increase to RMB 106,197 million from RMB 99,383 million in 2023, with a gross profit rise to RMB 13,585 million. Despite these gains, the company faced a loss before income tax of RMB 1,163 million, an improvement from the previous year’s loss of RMB 6,238 million. The loss for the year attributable to owners of the parent was RMB 58 million, a significant recovery compared to a loss of RMB 3,887 million in 2023.
More about Dongfeng Motor Group Co
Dongfeng Motor Group Company Limited is a joint stock company incorporated in the People’s Republic of China. It operates in the automotive industry, focusing on the manufacture, research and development, and sales of motor vehicles and related components. The company has a significant market presence through its subsidiaries, joint ventures, and associates.
YTD Price Performance: 17.61%
Average Trading Volume: 5,280
Technical Sentiment Signal: Sell
Current Market Cap: $4.44B
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