Changan Automobile’s sales revenue totaled RMB 49.85 billion in the first nine months, down 3% compared with the same period of last year. During the period, the automaker’s net profit plunged nearly 80% to RMB 1.16 billion.
Oct. 30 , 2018
GAC Group posted a year-on-year (YoY) growth of 2.79% with its revenues for the first three quarters totaling RMB52.822 billion. Meanwhile, its cumulative net profits attributable to shareholders rose 10.02% over a year ago to RMB9.86 billion.
Oct. 30 , 2018
From January to September, BYD's revenues totaled RMB88.981 billion, a YoY increase of 20.35%. However, its cumulative net profits attributable to shareholders slumped 45.3% from the previous year to RMB1.527 billion.
Oct. 30 , 2018
Chinese automaker Great Wall Motor (GWM) confirmed that Jens Steingraeber, CEO of WEY brand, has resigned from the company for taking care of his ailing family member and will no longer hold any position in GWM.
Oct. 29 , 2018
CATL saw its revenues for the first three quarters leap 59.85% year on year to RMB19.136 billion. Its net profits from the January to September dropped 7.47% over a year ago to RMB2.379 billion.
Oct. 29 , 2018
Great Wall's revenue in the third quarter fell 19% from a year ago to RMB 17.966 billion. Its net profit attributable to the shareholders of the listed company nearly halved to RMB 231 million compared with the same period last year.
Oct. 29 , 2018