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Wuling Motors (00305) issued final results for the 2023 fiscal year. Profit attributable to shareholders was $234.77 million, up 3.8% year-on-year, with a proposed final interest of HK0.5 HK cents per share
According to the Zhitong Finance App, Wuling Auto (00305) disclosed the final results for the year ended December 31, 2023. The company's revenue was 10.484 billion yuan, down 16.8% year on year; gross profit of 1,037 billion yuan, up 14.1% year on year; profit attributable to company owners was 234.77 million yuan, up 3.8% year on year. Basic earnings per share were 0.71 points. A final dividend of HK0.5 cents is proposed per share. For the year ended December 31, 2023, the total revenue of the Automotive Powertrain Division (based on external sales) was $2.48 billion, a slight decrease from last year. Auto parts and
WULING MOTORS: ANNOUNCEMENT OF FINAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
China's NEV Retail at 490,000 in Mar 1-24, up 84% From Same Period Last Month
China's retail penetration of NEVs was 47.67 percent in the March 1-24 period. The post China's NEV retail at 490,000 in Mar 1-24, up 84% from same period last month appeared first on CnEVPost. For more articles, please visit CnEVPost.
Changes in Hong Kong stocks | Wuling Automobile (00305) rose more than 18% at the end of the session and will produce results today. Its subsidiary, Wuling Yangguang, was recently listed
Wuling Motors (00305) rose more than 18% at the end of the session. As of press release, it was up 18.52% to HK$0.48, with a turnover of HK$4.966,800.
China EV Sales for Week Ending Mar 24: Nio 3,000, Xpeng 2,500, Li Auto 7,000, Tesla 13,700
Tesla Model Y sales in China last week were 10,800, Li Mega 1,000 and Xpeng X9 at 800 units.
Open Source Securities: Subsequent sales growth in the passenger car market can be expected under multiple catalytic factors
Subsequent sales growth in the passenger car market can be expected due to multiple factors such as the introduction of trade-in policies, the continuous release of new models, the holding of offline events such as auto shows, and the wave of price reductions that is expected to stabilize.
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