Reuters logo
BRIEF-BAIC Motor Corp posts FY net profit of RMB 6.37 bln
March 23, 2017 / 10:19 PM / 8 months ago

BRIEF-BAIC Motor Corp posts FY net profit of RMB 6.37 bln

March 24 (Reuters) - BAIC Motor Corp Ltd

* FY profit attributable to equity holders of company RMB 6.37 billion versus RMB 3.32 billion

* FY revenue RMB116.20 billion versus RMB 84.11 billion

* Board recommends to distribute a final dividend for year 2016 of RMB 0.29 per share

* In 2017, market demand for premium vehicles in China is expected to remain robust

* “Prospect of new energy products remains positive” in 2017

* “Expected that regulatory policies concerning passenger vehicle industry as a whole will be further tightened” Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below