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Bohai Automobile 2024 Earnings Forecast Loss Announcement
Lacklustre Performance Is Driving Bohai Automotive Systems CO., LTD.'s (SHSE:600960) 26% Price Drop
Bohai Automotive Systems (600960.SH): The current employee termination compensation and other expenses are approximately 5.8 million euros.
On December 30, Gelonghui reported that Bohai Automotive Systems (600960.SH) announced that, affected by the ongoing Russia-Ukraine conflict and other external factors, combined with Germany's economic downturn, the automotive industry's underperformance, inflation, and rising supply chain costs for Energy and labor, the company's German subsidiary BOHAI Trimet Automotive Holding GmbH (referred to as "BTAH") is experiencing operational losses and ongoing pressure. BTAH plans to adjust and streamline its workforce to reduce Operation costs, optimize cost structure, and improve its operational situation. This is in response to unfavorable market changes.
Would Bohai Automotive Systems (SHSE:600960) Be Better Off With Less Debt?
bohai automotive systems (600960.SH): Piston products can be used in drones.
Gelonghui November 12th, Bohai Automotive Systems (600960.SH) stated on the investor interaction platform that the company's piston products can be used in drones.
Bohai Automotive Systems (600960.SH): Currently has no business cooperation with Tesla.
Bohai Automotive Systems (600960.SH) stated on the investor interaction platform on November 7th that the company currently has no business cooperation with Tesla.
Bohai Automotive Systems CO., LTD. (SHSE:600960) Shares Fly 26% But Investors Aren't Buying For Growth
