Chongqing Changan Automobile's (SHE:000625, SHE:200625) net profit attributable to shareholders in 2024 dropped 35% to 7.32 billion yuan or 0.74 yuan per share from 11.3 billion yuan or 1.13 yuan per share in the previous year, according to a Shenzhen Stock Exchange filing on Friday.
The Chinese automobile manufacturer's operating revenue climbed 5.6% to 159.7 billion yuan from 151.3 billion yuan a year earlier, the filing said.
The company's A shares rose over 1% and B shares jumped less than 3% in recent trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments