Summary
[Changan Automobile’s profit after deduction of non-profits in the first half of the year increased significantly]Changan Automobile released its 2021 semi-annual performance forecast on the evening of July 14. According to preliminary calculations by the financial department, it is expected to achieve a net profit of 1.6 billion attributable to listed companies from January to June. Yuan to 1.9 billion yuan, a year-on-year decrease of 26.98% to 38.51%; net profit after non-deduction of 600 million yuan to 900 million yuan, a significant increase from the loss of 2.617 billion yuan in the first half of last year, earnings per share from 0.30 yuan to 0.35 yuan. (Shanghai Securities News)
Changan AutomobileOn the evening of July 14th, the 2021 semi-annualPerformanceThe forecast, after preliminary calculations by the financial department, it is expected that theNet profitFrom 1.6 billion yuan to 1.9 billion yuan, a year-on-year decrease of 26.98% to 38.51%; net profit after non-deduction was 600 million to 900 million yuan, a substantial increase from the loss of 2.617 billion yuan in the first half of last year, with earnings per share of 0.30 to 0.35 yuan.
In this regard, the company stated that during the reporting period, the net profit attributable to the parent company declined year-on-year, mainly due to a significant decrease of approximately 4.2 billion yuan in non-recurring gains and losses compared with the same period last year.In the first half of last year, Chongqing Changan New Energy Automobile Technology Co., Ltd., a wholly-owned subsidiary, introduced strategic investors. The company gave up the priority to subscribe for capital increase and increased net profit attributable to its parent by approximately 2.1 billion yuan. At the same time, the sale of equity in Changan PSA Co., Ltd. The net profit of the parent is about 1.4 billion yuan; in addition, theNingde eraThe increase in the stock price increased the net profit attributable to the parent of approximately 1.775 billion yuan. Net profit after deduction of non-profits increased significantly year-on-year, mainly due to the company’s sales growth, product structure optimization, continuous improvement in profitability of independent businesses, and steady improvement in profitability of joint venture businesses.
according toChangan AutomobileIn the June 2021 production and sales bulletin, the company’s cumulative production and sales of vehicles in the first half of this year were 1,126,776 and 1,208,470, respectively, an increase of 37.48% and 44.51% year-on-year. (Wang Yi)
(Source: Shanghai Securities News)
.