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Jinlong Auto (600686.SH) announced first-quarter results, net profit of 17.66 million yuan, up 65.46% year on year
According to the Zhitong Finance App, Jinlong Auto (600686.SH) disclosed its report for the first quarter of 2024. During the reporting period, the company achieved revenue of 3,979 billion yuan, an increase of 6.22% over the previous year; net profit to mother of 17.66 million yuan, an increase of 65.46% over the previous year; and a loss of 32.71 million yuan in non-net profit. Basic earnings per share were $0.02.
A-share auto stocks strengthened, and Yutong Bus hit a standstill
Gelonghui, April 26 | Yutong Bus went up and down. Jinlong, Jiangling, Foton, and Changan were ahead of the curve. According to the news, Yutong Bus's quarterly report achieved a 445% year-on-year increase in net profit. Furthermore, according to the results of the “Passenger Association” WeChat survey, the NEV market continued its March trend. The NEV penetration rate remained high for the first three weeks. Retail sales of NEVs are expected to reach around 720,000 vehicles this month, maintaining the same market size as last month, with a penetration rate of 45%.
Jinlong Auto (600686.SH): Received 40551,400 yuan in government subsidies
Gelonghui, April 19丨Jinlong Automobile (600686.SH) announced that the company and its subsidiaries, Xiamen Jinlong United Automobile Industry Co., Ltd. (Jinlong United), Xiamen Jinlong Wagon Co., Ltd. (Jinlong Station), Jinlong United Automobile Industry (Suzhou) Co., Ltd. (Suzhou Jinlong), Xiamen Jinlong Auto Body Co., Ltd. (Jinlong Body for short), Xiamen Jinlong Light Bus Body Co., Ltd. (Jinlong Light Bus Body for short), Chongqing Zhongsichuang Intelligent (Chongqing Zhongsichuang), Xiamen Jinlong New Energy Vehicle Technology Co., Ltd. Technology Co., Ltd Jinlong New Energy for short) and Gold
The automobile sector fluctuated and strengthened, and Jinlong Motors rose and stopped
The automobile sector fluctuated and strengthened. Jinlong Motor rose and stopped, and BAIC Blue Valley, Celis, Asia Star Bus, Dongfeng Motor, and JAC followed suit.
The A-share automotive sector showed active performance, and Jinlong Motor rose more than 5%
Gelonghui, April 18 | Jinlong Motor rose more than 5%, BAIC Blue Valley rose more than 3%, and Cyrus, Jiangling Motors, GAC Group, and Haima Motors rose one after another.
Jinlong Motor (600686): Strong boom continues, production and sales exceed expectations!
Key Investment Highlights Company Announcement: Jinlong Motor's sales volume in March 2024 was 4,605 vehicles, +31%/+99% year over month; production volume was 4,817 vehicles, +10%/+99% year over month. 24Q1 total sales
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