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According to JAC Motors' announcement, in the first quarter of 2026, the company generated revenue amounting to 11.459 billion yuan, marking a year-on-year increase of 16.91%. Nevertheless, the net profit attributable to shareholders of the listed company suffered a loss of 606 million yuan. This loss expanded compared to the 223 million yuan loss recorded in the same period of the previous year. The significant shift in performance was primarily due to a reduction in exchange gains, which resulted from exchange rate fluctuations during the reporting period. Additionally, there was a year-on-year decline in investment income from joint ventures and associated companies. When compared to the net profit loss of 268 million yuan in the fourth quarter of 2025, the company continued to experience a net profit loss in the first quarter of 2026 on a quarter-on-quarter basis.
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