Huazhong Auto (06830) announced that the Group expects to make a net profit for the year ended December 31, 2023...
According to the Zhitong Finance App, Huazhong Auto (06830) announced that the Group expects a net profit of approximately RMB 56 million for the year ended December 31, 2023, while net profit of approximately RMB 117 million for the year ended December 31, 2022.
The Board believes that the expected decrease is mainly due to a decrease in other revenue and earnings, as well as an increase in R&D expenses.
