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Should You Investigate CIMC Vehicles (Group) Co., Ltd. (SZSE:301039) At CN¥8.66?
China International Capital Corporation: Last year's heavy truck retail sales met expectations. Bullish on policy expansion to support domestic demand by 2025.
In 2024, the wholesale sales volume of heavy trucks in the Industry decreased by 1.0% year-on-year to 0.902 million vehicles, showing a characteristic of "highs at both ends and lows in the middle" throughout the year, with policy support and recovering freight demand boosting sales at the end of the year.
CIMC VEHICLES (301039.SZ) expects a Net income of 1.06 billion yuan to 1.14 billion yuan for the year 2024.
CIMC VEHICLES (301039.SZ) released the annual performance forecast for 2024, and the company expects the annual net profit for 2024 to be...
Express News | CIMC Vehicles Sees 2024 Net Profit Down 54-57% Y/Y
CIMC Vehicles: 2024 Annual Results Forecast
CIMC Vehicles (Group) (SZSE:301039) Has A Pretty Healthy Balance Sheet