Summary by Moomoo AI
Dongfeng Motor Group Co., Ltd. (the “Company”) announced audited consolidated results for the year ended December 31, 2023. Revenue increased by 7.2% to RMB993.15 billion compared to 2022, but shareholders should account for a loss of approximately RMB39.96 billion, compared to the same period last year. RMB 65 billion decreased significantly. The total assets of the company increased slightly to RMB 3,306.78 billion, total liabilities increased to RMB 1,710.69 billion, and total equity slightly decreased to RMB1,596.09 billion. The Company repurchased an aggregate of 31,309.2 million shares of H shares during 2023. The Board of Directors does not propose a final dividend for 2023. The Company will hold its Annual General Meeting on June 21, 2024.