On January 11, Guangzhou Automobile Group Co.Ltd(601238) (hereinafter referred to as Guangzhou Automobile Group Co.Ltd(601238) , stock code: 601238. Sh; 2238. HK) released the performance forecast for 2021. It is estimated that the net profit attributable to shareholders of Listed Companies in 2021 will be about 6.6 billion yuan to 7.6 billion yuan (RMB, the same below), with a year-on-year increase of about 11% to 27%; In 2021, the net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was about 5.6 billion yuan to 6.7 billion yuan, with a year-on-year increase of about 16% to 39% compared with the same period of last year, which has basically ensured the double-digit growth of the group’s net profit in 2021.
For the reasons for performance growth, Guangzhou Automobile Group Co.Ltd(601238) said that in 2021, the company made every effort to overcome various impacts and challenges, and achieved a steady growth in production and sales throughout the year; At the same time, through product structure adjustment, strengthening cost control and other measures, the steady improvement of business efficiency has been realized, and finally the steady growth of the group’s performance has been ensured. At the beginning of this month, Guangzhou Automobile Group Co.Ltd(601238) released the sales volume in 2021. In 2021, it has achieved a cumulative production and sales of 2.318 million and 2.144 million vehicles, with a year-on-year increase of 5.1% and 4.9% respectively.
(source: Information Times)
