Guangzhou Automobile Group announced a revenue of 19.65 billion yuan for the first quarter of 2025, representing a 7.95% decrease from the same period last year. The company incurred a net loss of 732 million yuan during this quarter, a stark contrast to the 1.22 billion yuan profit it recorded in the corresponding period of 2024. This shift from profit to loss underscores the challenging financial performance of the company in the first quarter.
