Shulou(Shulou.com)11/24 Report--

CTOnews.com news on October 13, FAW Jiefang issued a forecast of results for the first three quarters of 2023. The net profit belonging to shareholders of listed companies was 405 million-430 million yuan, an increase of 162.08%, 165.91% over the same period last year, and a loss of 652.4312 million yuan in the same period last year. Net profit after deducting non-recurring profits and losses was 77.76 million-102.76 million yuan, an increase of 107.27%-109.61% over the same period last year, and a loss of 106965.59 yuan in the same period last year. Basic earnings per share of 0.0873 yuan-0.0927 yuan per share.

CTOnews.com noted that FAW's net profit in the third quarter was 3.6637 million yuan to 28.6637 million yuan, an increase of 100.45% 103.48% over the same period last year, with a loss of 822.5851 million yuan in the same period last year; deducting a non-net loss of 74.2063 million to 4920.63 yuan, an increase of 92.3% to 94.89% over the same period last year; a loss of 96340.91 yuan in the same period last year; and basic earnings per share of 0.0008 yuan to 0.0062 yuan per share.

The reason for the change in performance: benefiting from the pick-up in demand in the commercial vehicle market, the company continued to improve its product strength, focused on the balanced development of various market segments, expanded the sales of natural gas heavy trucks, reached a new high in overseas exports, and increased its net profit during the reporting period compared with the same period last year.

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