Guangzhou Automobile Group or GAC's (SHA:601238) attributable loss narrowed 10% to 656.3 million yuan in the first quarter from 731.6 million yuan in the year-ago period, according to a Thursday filing with the Shanghai bourse.
The automobile manufacturer logged a loss per share of 0.06 yuan, narrower than the 0.07 yuan recorded in the prior-year period.
Operating revenue grew 2% year over year to 20 billion yuan from 19.6 billion yuan.
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