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End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 14.6 CNY | -0.07% |
|
-1.35% | +7.91% |
| May. 13 | Chinese NEV Production, Sales Surge in April | MT |
| May. 13 | Chinese Commercial Vehicle Sales Rise 8% in January-April Period | MT |
By Martin Mou
SAIC Motor Corp. said Monday that its net profit for 2020 is estimated to have fallen by 22%, as the Covid-19 pandemic weighed on car sales.
Net profit is estimated around 20.0 billion yuan ($3.09 billion) compared with CNY25.6 billion for 2019, the company said.
SAIC, China's largest car maker by sales volume, sold 5.6 million units of cars last year, down 10% from 2019.
Write to Martin Mou at martin.mou@wsj.com
(END) Dow Jones Newswires
01-11-21 0302ET
| 1st Jan change | Capi. | |
|---|---|---|
| +7.91% | 23.15B | |
| +4.29% | 87.64B | |
| +5.13% | 82.59B | |
| +19.89% | 73.04B | |
| +24.22% | 47.71B | |
| +14.30% | 33.12B | |
| -13.96% | 17.4B | |
| +54.83% | 12.47B | |
| -7.16% | 10.2B | |
| +116.91% | 8.8B |
SAIC MOTOR CORPORATION LIMITED 
