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Foton Motor's H1 Profit Falls 32% as Revenue Declines 17%
Half-year report for the year 2024.
Summary of Half-Year Report in 2024.
Beiqi Foton Motor (600166.SH) released its half-year performance, with a net income of 0.414 billion yuan, a decrease of 31.63% year-on-year.
Beiqi Foton Motor (600166.SH) released its semi-annual report for 2024, during the reporting period the company achieved revenue of 2...
Beiqi Foton Motor (600166.SH): The net income for the first half of the year was 0.414 billion yuan, a year-on-year decrease of 31.63%.
BeiQi Foton Motor (600166.SH) announced its semi-annual report for 2024, with operating revenue of 23.968 billion yuan, a year-on-year decrease of 16.91%; net income attributable to shareholders of listed companies was 0.414 billion yuan, a year-on-year decrease of 31.63%; net income attributable to shareholders of listed companies after deducting non-recurring gains and losses was 0.305 billion yuan, a year-on-year decrease of 25.99%; basic earnings per share was 0.0523 yuan. The company's product sales volume during the reporting period was 0.3 million units, a decrease of 1.2% year-on-year, due to the impact of the market environment and price competition, the profit of the heavy truck value chain was lower than the same period last year;
Beiqi Foton Motor Co.,Ltd.'s (SHSE:600166) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
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