GAC Group's H1 Attributable Loss Balloons to 4.5 Billion Yuan

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Guangzhou Automobile Group (SHA:601238, HKG:2238), or GAC Group, posted 4.47 billion yuan in loss attributable to shareholders for the first half, widening from 2.54 billion yuan a year ago.

Loss per share climbed to 0.44 yuan from 0.25 yuan, according to a Friday filing with the Hong Kong Exchange.

Revenue rose 9% to 46.5 billion yuan from 42.6 billion yuan previously, the Chinese carmarker said.

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