JAC Motors' net profit in the first three quarters increased by 239.86%

In the first three quarters of 2024, JAC Motors achieved operating income of 32.206 billion yuan, a year-on-year decrease of 5.06%; net profit attributable to the parent company was 625 million yuan, a year-on-year increase of 239.86%. The company said that the increase in net profit was mainly due to the company's continuous optimization of product structure and debt structure, active development of domestic and foreign markets, increased exchange gains and reduced financial expenses, as well as a significant increase in asset disposal income.