Saic Motor Corporation Limited (600104.SH) announced that it expects to achieve a net profit attributable to the parent company's shareholders in the range of 9 billion to 11 billion yuan for the full year of 2025. This represents an increase of 7.3 billion to 9.3 billion yuan, a substantial year-on-year surge of 438% to 558%.
The company reported wholesale vehicle sales of 4.5075 million units for 2025, marking a 12.32% increase compared to the same period last year.
The completion of the equity transfer and capital increase for JSW MG Motor India Private Limited in 2024 contributed an additional 5.178 billion yuan to the company's net profit attributable to shareholders for that year.
Comments