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Beiqi Foton Motor Reports Higher Vehicle Sales, Output in October
Quick report on production and sales data of various products for October 2024
Galaxy Today Announcement Highlights: zhejiang founder motor: became the supplier of the stator assembly parts for two projects of leapmotor; Huahong Company: net income in the first three quarters was 0.578 billion yuan, a year-on-year decrease of 65.69%
[Company Business Data] Beiqi Foton Motor (600166.SH): Total sales of autos in October reached 56,053 units. Fujian Sunner Development (002299.SZ): Achieved sales revenue of 1.583 billion yuan in October. Poly Developments and Holdings Group (600048.SH): Contracted amount in October was 42.337 billion yuan, an increase of 27.85% year-on-year. Huahong Company (688347.SH): Net income in the first three quarters was 0.578 billion yuan, a decrease of 65.69% year-on-year. Guangzhou Automobile Group (601238.SH): Auto sales in October were 185,785 units, a decrease of 17.23% year-on-year. Zhengbang Technology (0
In October, China's heavy truck market sales were approximately 0.063 million vehicles, with the industry performing averagely.
In October 2024, the sales volume of heavy-duty trucks in China was approximately 0.063 million vehicles (wholesale basis, including exports and new energy), an increase of 9% month-on-month, but a decrease of 22% compared to the same period last year, which was 0.0811 million vehicles, a decrease of about 0.018 million vehicles.
Investors Will Want Beiqi Foton MotorLtd's (SHSE:600166) Growth In ROCE To Persist
Foton Motor: Third Quarter Report 2024
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