GAC Group posts first-half net loss of 4.467 billion yuan, widening 75.98% year on year

Earnings
โดย 澎湃新闻·CN·Read original
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GAC Group announced on the evening of August 28 that first-half operating revenue reached 46.121 billion yuan, up 9.38% year on year, but net profit attributable to shareholders of the listed company was negative 4.467 billion yuan, compared with negative 2.538 billion yuan in the same period last year, a year-on-year decline of 75.98%. The company said performance was under pressure mainly due to fierce competition in the domestic auto market, increased sales investment, rising raw material costs and exchange rate fluctuations. First-half vehicle sales were 773,100 units, up 2.35% year on year, of which self-owned brand sales were 346,000 units, up 35.69% year on year, and exports were 121,500 units, up 132% year on year, approaching the full-year level for 2025. New energy vehicle sales were 260,200 units, up 68.80% year on year, accounting for about 33.65% of the group's total sales. Overseas business revenue was 14.013 billion yuan, up 109.27% year on year, becoming an important growth engine. At the close on the 28th, GAC Group rose 3.68% to 5.36 yuan per share.

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