Brilliance China Automotive Holdings Limited announced the unaudited interim performance for the six months ended June 30, 2024. During the period, the group's revenue reached 518,038,000 yuan, slightly higher than the 507,855,000 yuan in the same period last year. Gross profit was 103,552,000 yuan, a decrease of 27.2% from 142,315,000 yuan in the same period last year, mainly due to the increase in raw material costs and the decrease in automobile financial profit. The attributable performance of associated companies was 2,734,677,000 yuan, a decrease of 27.3% from 3,759,457,000 yuan in the same period last year, mainly due to the decline in performance of the associated company, Brilliance BMW. The net profit for the period was 1,465,637,000 yuan, a substantial decrease from 3,745,486,000 yuan in the same period last year. Basic earnings...Show More

Brilliance China Automotive Holdings Limited announced the unaudited interim performance for the six months ended June 30, 2024. During the period, the group's revenue reached 518,038,000 yuan, slightly higher than the 507,855,000 yuan in the same period last year. Gross profit was 103,552,000 yuan, a decrease of 27.2% from 142,315,000 yuan in the same period last year, mainly due to the increase in raw material costs and the decrease in automobile financial profit. The attributable performance of associated companies was 2,734,677,000 yuan, a decrease of 27.3% from 3,759,457,000 yuan in the same period last year, mainly due to the decline in performance of the associated company, Brilliance BMW. The net profit for the period was 1,465,637,000 yuan, a substantial decrease from 3,745,486,000 yuan in the same period last year. Basic earnings per share were 0.29201 yuan, down from 0.74211 yuan in the same period last year. During the period, Brilliance Renault Automotive Co., Ltd. completed its restructuring and was reconsolidated into the group. The main business of the group includes manufacturing and selling BMW automobiles and components in China through the associated company Brilliance BMW, as well as providing automobile financial services.