Wuling Motors (00305) announces that it is expected that the shareholders' net profit for the year 2025 will increase by approximately 54% year-on-year.
Wuling Motors (00305) issued an announcement, expecting that the Group will achieve a net profit of approximately RMB 170 million for the year ending December 31, 2025, an increase of about 53% compared to the previous year; and that the company will achieve a profit attributable to owners of approximately RMB 78 million for the year 2025, an increase of about 54% compared to the previous year.
WULING MOTORS (00305) announced that it is expected to achieve a net profit of approximately RMB 170 million for the year ending December 31, 2025, an increase of approximately 53% compared to the previous year. The company's owners are expected to see a profit of approximately RMB 78 million for the year 2025, an increase of approximately 54% compared to the previous year.
Based on current information available, the board further informed that despite a significant increase in research and development expenses due to ongoing new product and development projects, the group benefited from continued improvement in the performance of its core main business (especially the automotive powertrain division and automotive components and other industrial services division), as well as the positive impact of reduced financing costs. As a result, both the group's net profit and the company's owners' profit for the year ending December 31, 2025, showed significant increases compared to the previous year.
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