JAC Motors: Revenue in the first half of the year increased by 25.87% year-on-year, and net profit turned a profit

According to news from this site on August 27, JAC Motors released its 2023 semi-annual report. In the first half of the year, operating income was 22.369 billion yuan, a year-on-year increase of 25.87%; net profit attributable to shareholders of listed companies was 1.55 billion, turning losses into profits.

This site learned from the report that JAC sold 278,800 vehicles and chassis of various types in the first half of the year, a year-on-year increase 18.53%. Among them, the sales of light trucks (including medium-sized trucks) were 94,400 units, a slight decrease of 0.95% year-on-year; the sales of heavy trucks were 8,900 units, a year-on-year increase of 23.63%; the sales of MPVs were 10,000 units, a year-on-year increase of 6.07%; the sales of SUVs were 76,900 units, a year-on-year decrease. 19.69%; sedan sales were 75,600 units, a year-on-year increase of 266.02%; pure electric passenger car sales were 66,900 units, a year-on-year decrease of 16.53%; exports in the first half of the year were 89,200 units, a year-on-year increase of 82.98%.

According to our understanding, JAC currently has leading products such as heavy-duty, medium-duty, light-duty, mini-trucks, multi-functional commercial vehicles, MPVs, SUVs, cars, buses, etc., as well as special chassis, gearboxes, engines, axles, etc. Core components. The company has formed four core segments: fuel and new energy powered vehicle business (including passenger cars, commercial vehicles, buses), core parts, automobile travel and automobile services

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