GAC Swings to 2025 Loss as Revenue Slides

MT Newswires Live
03/30

Guangzhou Automobile Group (HKG:2238, SHA:601238), or GAC, booked 8.78 billion yuan in attributable loss for 2025, compared to earnings of 823.6 million yuan in 2024, according to a Hong Kong bourse filing Friday.

Hong Kong-listed shares of the automaker were down nearly 4% in morning trade Monday.

Loss per share was 0.85 yuan, compared with earnings of 0.08 yuan per share in the prior year.

Analysts at Visible Alpha estimated a loss of 0.54 yuan.

Revenue fell 10% year on year to 96.5 billion yuan, figures showed.

Analysts at Visible Alpha expected sales of 93.8 billion yuan.

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