Summary by Moomoo AI
Dongfeng Group Co., Ltd. (hereinafter referred to as "Dongfeng Group") released the 2024 interim performance report on August 29, 2024. The report shows that in the first half of 2024, Dongfeng Group sold approximately 0.9661 million automobiles, an increase of 2.2% year-on-year. Among them, sales of self-owned passenger vehicles increased by 19.9% year-on-year, commercial vehicle business increased by 8.9% year-on-year, and sales of new energy vehicles increased by 28.5% year-on-year. The group achieved sales revenue of 51.145 billion yuan in the first half of the year, with a net profit attributable to shareholders of listed companies of 0.684 billion yuan. The asset-liability structure is sound, with an asset-liability ratio of 51.0%, ample cash reserves, nearly hundreds of billions at the end...Show More