Guangzhou Automobile Group to Swing to Loss in 2025

MT Newswires Live

02/02

Guangzhou Automobile Group (HKG:2238) said it expects 8 billion yuan to 9 billion yuan in attributable loss for 2025, swinging from a profit of 823.6 million yuan in 2024, according to a Hong Kong bourse filing Friday.

Shares of the car maker fell nearly 3% in late morning trade Monday.

The company's financial results are expected in late March.

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