Home Technology peripherals It Industry JAC Motors: Revenue in the first half of the year increased by 25.87% year-on-year, and net profit turned a profit

JAC Motors: Revenue in the first half of the year increased by 25.87% year-on-year, and net profit turned a profit

Sep 19, 2023 am 10:49 AM
financial report Jianghuai Automobile

According to news from this site on August 27, JAC Motors released its 2023 semi-annual report. In the first half of the year, operating income was 22.369 billion yuan, a year-on-year increase of 25.87%; net profit attributable to shareholders of listed companies was 1.55 billion, turning losses into profits.

JAC Motors: Revenue in the first half of the year increased by 25.87% year-on-year, and net profit turned a profit

This site learned from the report that JAC sold 278,800 vehicles and chassis of various types in the first half of the year, a year-on-year increase 18.53%. Among them, the sales of light trucks (including medium-sized trucks) were 94,400 units, a slight decrease of 0.95% year-on-year; the sales of heavy trucks were 8,900 units, a year-on-year increase of 23.63%; the sales of MPVs were 10,000 units, a year-on-year increase of 6.07%; the sales of SUVs were 76,900 units, a year-on-year decrease. 19.69%; sedan sales were 75,600 units, a year-on-year increase of 266.02%; pure electric passenger car sales were 66,900 units, a year-on-year decrease of 16.53%; exports in the first half of the year were 89,200 units, a year-on-year increase of 82.98%.

According to our understanding, JAC currently has leading products such as heavy-duty, medium-duty, light-duty, mini-trucks, multi-functional commercial vehicles, MPVs, SUVs, cars, buses, etc., as well as special chassis, gearboxes, engines, axles, etc. Core components. The company has formed four core segments: fuel and new energy powered vehicle business (including passenger cars, commercial vehicles, buses), core parts, automobile travel and automobile services

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