King Long Motors' third-quarter financial report for 2024 was released, with performance slightly lower than expected

King Long Automobile recently released its third-quarter financial report for 2024, which showed that the company's performance was slightly lower than expected. The company achieved operating income of 4.6 billion yuan in the quarter, down 1.7% from the same period last year and down 19.8% from the previous month. The net profit attributable to the parent was only 10 million yuan, up 1.5% year-on-year, but down 79.5% from the previous month. In addition, the company's net profit attributable to the parent after deducting non-recurring items was -45 million yuan, and the loss narrowed from the previous month.