New Focus (00360) released its interim performance for the six months ending June 30, 2024, during which the Group achieved...
According to the announcement, the comprehensive income of the Group's automobile sales and service business was approximately 49.962 million yuan (compared with 67.38 million yuan in the same period of 2023), a decrease of about 25.85%. The decrease was mainly due to the Group's contraction of its business scale, closure of unauthorized brand stores and comprehensive trading halls. In addition, due to intense competition in the passenger vehicle market during this period, the significant price reduction of new energy vehicles squeezed the market sales of gasoline vehicles.
Wisdom Finance News APP, New Focus (00360) released its interim performance for the six months ending June 30, 2024. During this period, the Group achieved revenue of 0.238 billion yuan (RMB, the same below), a decrease of 7.23% year-on-year; shareholders' attributable loss was 15.917 million yuan, an increase of 204.46% year-on-year; and basic loss per share was 0.092 points.