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Guangzhou Automobile Group Co Ltd (601238.SS)

601238.SS on Shanghai Stock Exchange

12.18CNY
21 Jun 2018
Change (% chg)

¥0.11 (+0.91%)
Prev Close
¥12.07
Open
¥12.11
Day's High
¥12.37
Day's Low
¥12.02
Volume
7,457,128
Avg. Vol
8,566,875
52-wk High
¥21.44
52-wk Low
¥11.90

Latest Key Developments (Source: Significant Developments)

Guangzhou Automobile Group Expects 2017 Net Profit Up 55-85 Percent Y/Y
Monday, 15 Jan 2018 

Jan 15 (Reuters) - Guangzhou Automobile Group Co Ltd <601238.SS>2238.HK::SAYS IT EXPECTS 2017 NET PROFIT UP 55-85 PERCENT Y/Y FROM 6.3 BILLION YUAN ($979.17 million) YEAR AGO.  Full Article

Guangzhou Automobile Expects Net Profit Attributable Of RMB4,570 Million In FY 2017
Monday, 15 Jan 2018 

Jan 15 (Reuters) - Guangzhou Automobile Group Co Ltd <601238.SS>::NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS EXPECTED TO INCREASE BY RMB3,350 MILLION TO RMB4,570 MILLION AND BY 55% TO 75% FOR FY 2017.EXPECTED RESULT‍ DUE TO GROWTH OF PRINCIPAL BUSINESS OF CO​.  Full Article

Guangzhou Automobile Sells More Vehicles In Dec And 2017 From Year Ago
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Guangzhou Automobile Group Co Ltd <601238.SS>2238.HK::SAYS IT SOLD 178,264 VEHICLES IN DEC VERSUS 168,597 UNITS YEAR AGO.SAYS IT SOLD 2,001,036 VEHICLES IN 2017, UP 21.3 PERCENT Y/Y.  Full Article

Guangzhou Automobile Group signs strategic cooperation framework agreement
Wednesday, 3 Jan 2018 

Jan 3(Reuters) - Guangzhou Automobile Group Co Ltd <601238.SS>:Says it signs strategic cooperation framework agreement with Guangzhou-based public transport company.Says two entities will mainly cooperate on intelligent transport platform, energy-saving, new energy vehicles and transport services areas .  Full Article

Guangzhou Auto Aims To Achieve At Least 10 Percent Growth In Sales And Production In 2018
Friday, 29 Dec 2017 

Dec 29 (Reuters) - Guangzhou Automobile Group Co Ltd <601238.SS>2238.HK::SAYS IT AIMS TO ACHIEVE AT LEAST 10 PERCENT GROWTH IN SALES AND PRODUCTION IN 2018.  Full Article

Guangzhou Automobile Plans New Energy Car Firm, Board Approves GAC Toyota Engine's Engine Project
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - Guangzhou Automobile Group Co Ltd <601238.SS>2238.HK::SAYS IT AND UNIT PLAN TO SET UP NEW ENERGY CAR COMPANY WITH PARTNERS ON PROJECTS WITH INVESTMENT OF 1.28 BILLION YUAN ($195.30 million).SAYS BOARD APPROVES GAC TOYOTA ENGINE'S ENGINE PROJECT WITH INVESTMENT OF $161.4 MILLION.  Full Article

Guangzhou Automobile Group posts Nov Total Vehicles Production Volume of 190,208 Units
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Guangzhou Automobile Group Co Ltd <601238.SS>::NOVEMBER TOTAL VEHICLES PRODUCTION VOLUME 190,208 UNITS, UP 23.8 PERCENT ‍​.NOVEMBER TOTAL VEHICLES SALES VOLUME 180,508 UNITS, UP 23 PERCENT ‍​.  Full Article

Guangzhou Automobile's Jan-Oct auto sales up 25.6 pct y/y
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Guangzhou Automobile Group Co Ltd <601238.SS>2238.HK:Says Jan-Oct auto sales up 25.6 percent y/y.Says it sold 175,703 vehicles in Oct versus 158,096 units year ago.  Full Article

Guangzhou Automobile Group's 9-month net profit up 59.8 pct y/y
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Guangzhou Automobile Group Co Ltd <601238.SS>2238.HK:Says 9-month net profit up 59.8 percent y/y.  Full Article

Guangzhou Automobile's unit plans financing, JV with Honda to start AC model project
Friday, 20 Oct 2017 

Oct 20 (Reuters) - Guangzhou Automobile Group Co Ltd <601238.SS>2238.HK:Says board approves car financing JV to issue up to 4.0 billion yuan ($604.32 million) car mortgage asset-backed securities.Says board approves JV with Honda to start AC model production project worth 383.5 mln yuan.Says board approves unit to invest 138 million yuan in logistics project.  Full Article

BRIEF-Guangzhou Automobile Group Says April Total Sales Volume Was 164,315 Units

* APRIL TOTAL PRODUCTION VOLUME 178,349 UNITS Source text for Eikon: Further company coverage: