Wuling Motors Financial Report: Wuling Motors' net profit in 2024 will be approximately RMB 104 million, a year-on-year increase of approximately 50%

Wuling Motors released a positive profit forecast on the Hong Kong Stock Exchange, predicting that it will record a net profit of approximately RMB 104 million for the year ending December 31, 2024, an increase of approximately 50% from RMB 69.456 million in the previous year;

At the same time, the profit attributable to the owners of the company is expected to be approximately RMB 42 million, an increase of approximately 79% from RMB 23.477 million in the previous year.

Previously, SAIC-GM-Wuling's global total sales in February reached 112,772 vehicles, a year-on-year increase of 22.9%.

As of January 31 this year, Wuling Hongguang MINIEV sales have exceeded 1.5 million units, ranking first in global sales of micro new energy vehicles, with an average of a new car owner being born every 90 seconds.

In 2024, SAIC-GM-Wuling's total sales volume reached 1.54 million vehicles, of which new energy sales reached 800,000 vehicles, accounting for more than 50%, a year-on-year increase of 63%. Overseas exports reached 225,000 units/sets, setting a new historical record.

Zikuai Technology