On the evening of April 26, Foton Motor released its 2023 annual report and its report for the first quarter of 2024. The announcement showed that in 2023, Foton Motor's revenue was 56.097 billion yuan, up 20.78% year on year, and net profit to mother was 909 million yuan, up 1262.27% year on year. Entering the first quarter of 2024, Foton Motor's performance continued to maintain a strong growth trend. The announcement showed that net profit after deducting non-recurring profit and loss for the first quarter was about 207 million yuan, an increase of 19.04% over the previous year. This increase not only continued the good momentum of last year, but also fully demonstrated Foton Motor's strong competitiveness in the current market environment.
福田汽车：2023年归母净利润同比增长1262.27%
Foton Motor: Net profit to mother increased 1262.27% year-on-year in 2023
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