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Wuling Motors Shares Jump 11% Post-Earnings, Forecasting 50% Rise in Annual Net Profit
2025-03-06 /
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Author：小编
Shares of Wuling Motors (00305) surged 10.87% to HK$0.51, accompanied by a turnover of HK$2.1319 million. The company anticipates its 2024 annual net profit to reach approximately RMB 104 million, marking a substantial 50% increase year-on-year. Additionally, profit attributable to the company's owners is projected to be around RMB 42 million, signifying a robust 79% year-over-year growth. Despite a dip in overall revenue, factors including discounts on electric vehicle components, effective cost control measures, and government subsidies have collectively fueled this profit expansion.
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