Global EditionASIA 中文雙語Fran?ais
    Business
    Home / Business / Motoring

    SAIC Motor reports annual net profit decline

    By Wang Junwei | chinadaily.com.cn | Updated: 2020-04-15 17:25
    Share
    Share - WeChat
    Employees work on an assembly line during a construction completion event of SAIC Volkswagen MEB electric vehicle plant in Shanghai, Nov 8, 2019. [Photo/Agencies]

    Shanghai-based Chinese automaker SAIC Motor reported annual net profit decline for the first time since its listing in 2011, according to a Wednesday report from Securities Daily.

    SAIC's net profit attributable to shareholders dropped 28.9 percent year-on-year to 25.6 billion yuan ($3.63 billion) in 2019, and its revenue registered 826.53 billion yuan, a year-on-year decrease of 6.88 percent, as per the company's latest annual report.

    The automaker sold 6.24 million new vehicles in 2019, a year-on-year fall of 11.5 percent, among which its passenger cars sells suffered a 12.7 percent decline year-on-year to 5.38 million units.

    Its three joint ventures, namely Shanghai General Motors Wuling, SAIC-GM, and SAIC Volkswagen, all witnessed falling sales, down 19.42 percent, 18.78 percent and 3.07 percent, respectively, the annual report showed.

    The company's first quarter sales in 2020 plunged 55.7 percent year-on-year to about 679,000 units, worse than the country's 42.4 percent decrease in car sales, data from the China Association of Automobile Manufacturers showed.

    On the other hand, the auto maker had a sales boost in new energy vehicles to 185,000 units in 2019, up 30.4 percent compared with a year earlier. Its vehicle export and overseas sales last year jumped 26.5 percent to some 350,000 units, ranking first among its counterparts at home for four years in a row. The company's MG brand sold about 138,000 units overseas, a year-on-year surge of 89.3 percent as the top seller abroad among domestic competitors.

    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    CLOSE
     
    亚洲中文字幕无码久久精品1| 无码av人妻一区二区三区四区 | 人妻无码αv中文字幕久久琪琪布 人妻无码精品久久亚瑟影视 | 久久久久av无码免费网| 亚洲精品无码永久在线观看| 伊人久久无码中文字幕| 久久亚洲精品中文字幕三区| 国产亚洲美日韩AV中文字幕无码成人 | 无码人妻少妇久久中文字幕蜜桃| 中文字幕免费观看| 亚洲中文字幕无码爆乳av中文 | 中文字幕性| 午夜不卡无码中文字幕影院| 国产精品无码不卡一区二区三区| 亚洲精品无码MV在线观看| 中文自拍日本综合| 国产一区三区二区中文在线| 亚洲AV区无码字幕中文色| 天堂√最新版中文在线| 日韩经典精品无码一区| 国产99久久九九精品无码| 无码人妻熟妇AV又粗又大| 亚洲VA成无码人在线观看天堂| 四虎影视无码永久免费| 人妻少妇无码精品视频区 | 中文字幕久久精品无码| 无码AV动漫精品一区二区免费| 中文字幕无码久久精品青草| 无码乱肉视频免费大全合集| 亚洲欧美精品综合中文字幕| 久草中文在线观看| 亚洲精品99久久久久中文字幕 | 中文字幕在线视频网| 暖暖免费在线中文日本| 日本成人中文字幕| 公和熄小婷乱中文字幕| 日韩综合无码一区二区| 亚洲AV无码码潮喷在线观看| 亚洲AV日韩AV永久无码免下载| 日韩AV无码精品人妻系列| 国产精品va在线观看无码|