Seres Group's (HKG:9927, SHA:601127) sales and output fell 44.4% and 40.7%, respectively, year over year to 26,679 units and 27,572 units in July.
Of the total, new energy vehicle sales declined 45.7% to 24,229 units and output fell 44.5% to 24,577 units, according to a Monday filing with the Hong Kong bourse.
For the first seven months of 2026, sales of the automobile manufacturer fell 9.5% to 223,259 units, and production declined 10.2% to 223,642 units.
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