SAIC Motor Flags Impairment Provision of More than 7 Billion Yuan

MT Newswires Live

2025/05/02

Automobile company SAIC Motor (SHA:600104) flagged 7.13 billion yuan in impairment provisions for 2024.

The amount covers 3.97 billion yuan of credit impairment loss and 3.16 billion yuan in asset impairment loss, according to a filing with the Shanghai bourse.

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