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JAC 2024 Semi-Annual Report
Summary of JAC\'s 2024 Semi-Annual Report
Anhui Jianghuai Automobile Group Corp.,ltd. (600418.SH): net income of 0.301 billion yuan in the first half of the year, a year-on-year increase of 93.84%.
On August 27, Geely Holdings released its semi-annual report for 2024, with a revenue of 21.298 billion yuan, a year-on-year decrease of 4.79%; a net income attributable to the shareholders of the listed company of 0.301 billion yuan, a year-on-year increase of 93.84%; a net profit attributable to the shareholders of the listed company after deducting non-recurring gains and losses of 91.8735 million yuan, a year-on-year turnaround from loss to profit; and a basic earnings per share of 0.14 yuan.
Express News | Anhui Jianghuai Automobile Says H1 Net Profit up 93.8% Y/Y
Is Anhui Jianghuai Automobile GroupLtd (SHSE:600418) A Risky Investment?
The second round of auto trade-in subsidies will double, and the policy's warm breeze is expected to drive growth in the industry.
On August 16th, the Ministry of Commerce and 7 other departments issued a notice on further improving the work of exchanging old cars for new ones. In terms of updating scrapped cars, the subsidy standard has been raised from the original subsidy of 10,000 yuan for purchasing new energy passenger vehicles and 7,000 yuan for purchasing gasoline passenger vehicles to 20,000 yuan and 15,000 yuan, respectively, both of which have increased by more than twice.
The Market Doesn't Like What It Sees From Anhui Jianghuai Automobile Group Corp.,Ltd.'s (SHSE:600418) Revenues Yet As Shares Tumble 28%
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