Wuling Motors (00305) announced that the group expects to achieve a net profit of approximately RMB 170 million for the fiscal year ending December 31, 2025, representing an increase of about 53% compared to the previous year. The company also anticipates a profit attributable to owners of approximately RMB 78 million for the 2025 fiscal year, marking a year-on-year rise of around 54%. Based on currently available information, the board further indicated that despite a significant increase in research and development expenses due to ongoing new product and development projects, the group's net profit and profit attributable to owners both showed substantial growth compared to the prior year. This improvement was driven by the continued enhancement of performance in the group's core business operations, particularly in the automotive powertrain division and the automotive components and other industrial services division, along with the positive impact of reduced financing costs.
Comments