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An update from Guangzhou Automobile Group Co ( (HK:2238) ) is now available.
Guangzhou Automobile Group Co., Ltd. announced its unaudited interim financial results for the first half of 2025, reporting a significant loss. The company experienced a gross profit loss of RMB 1,849,475,000 and an overall operating loss of RMB 5,612,882,000, marking a substantial decline from the previous year’s profit. This downturn is attributed to increased selling, distribution, and administrative costs, alongside reduced revenue. The announcement highlights the company’s challenges in maintaining profitability amidst rising costs and declining sales, which could impact its market positioning and stakeholder confidence.
The most recent analyst rating on (HK:2238) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Guangzhou Automobile Group Co stock, see the HK:2238 Stock Forecast page.
More about Guangzhou Automobile Group Co
Guangzhou Automobile Group Co., Ltd. is a joint stock company incorporated in the People’s Republic of China. It operates in the automotive industry, focusing on the production and sales of vehicles and related components.
Average Trading Volume: 25,712,161
Technical Sentiment Signal: Hold
Current Market Cap: HK$73.1B
For an in-depth examination of 2238 stock, go to TipRanks’ Overview page.