Changan Automobile 2024 third quarter financial report released

Changan Automobile recently released its third-quarter financial report for 2024. The report shows that the company's total revenue in the first three quarters of 2024 reached 110.96 billion yuan, a year-on-year increase of 2.5%. However, the net profit attributable to the parent company was only 3.58 billion yuan, a year-on-year decrease of 63.8%. The net profit attributable to the parent company after deducting non-recurring gains and losses was 1.68 billion yuan, a year-on-year decrease of 48.9%. In the third quarter, Changan Automobile's revenue was 34.24 billion yuan, a year-on-year decrease of 19.8% and a month-on-month decrease of 13.8%. The net profit attributable to the parent company was 750 million yuan, a year-on-year decrease of 66.5% and a month-on-month decrease of 55.3%.