Detail akcie BAIC Motor -H- online

Business Summary: BAIC Motor Corporation Limited is principally engaged in the manufacture and sales of passenger vehicles, engines and auto parts in the People’s Republic of China (the PRC). The Company operates its business through two segments. The Passenger Vehicles of Beijing Motor segment is engaged in the manufacture and sales of passenger vehicles BAIC brands and the provision of other related services. The Passenger Vehicles of Beijing Benz Automotive Co., Ltd. (Beijing Benz) segment is principally engaged in the manufacture and sales of Beijing Benz brand and the provision of related services.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, BAIC Motor Corp Ltd revenues increased 4% to RMB197.95B. Net income decreased 28% to RMB3.03B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Share of (loss)/profit of investments increase of 25% to RMB1.6B (expense), Net impairment losses on financial asset increase of 19% to RMB565.2M (expense).