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FAW Jiefang: 2024 Annual Report
FAW Jiefang: 2024 Annual Report Summary
FAW Jiefang Group (000800.SZ): The net income for the fiscal year 2024 is 0.622 billion yuan, intending to distribute 0.5 yuan per share.
On March 28, Gelonghui announced that FAW Jiefang Group (000800.SZ) published its 2024 annual report. In 2024, the company achieved revenue of 58.581 billion yuan, a year-on-year decrease of 8.93%; Net income attributable to shareholders of the listed company was 0.622 billion yuan, down 22.78% year-on-year; the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was -0.57 billion yuan; EPS was 0.1266 yuan; it is proposed to distribute a cash dividend of 0.50 yuan (tax included) for every 10 shares to all shareholders.
Express News | Faw Jiefang Says 2024 Net Profit Down 22.8% Y/Y
HAITONG SEC: The scrapping and replacement subsidies for heavy trucks are driving the upward trend in the Industry and are expected to significantly boost the demand for replacements in 2025.
Recently, the Ministry of Transportation, the National Development and Reform Commission, and the Ministry of Finance released a notice regarding the implementation of the scrapping and updating of old operating trucks. This policy aims to stimulate the scrapping and updating of old trucks through direct financial subsidies, which is expected to significantly boost heavy truck replacement demand in 2025.
FAW, Volkswagen to Introduce 11 New Models in China
FAW Jiefang GroupLtd (SZSE:000800) Shareholders Have Lost 21% Over 3 Years, Earnings Decline Likely the Culprit
