Wuling Motors releases positive profit forecast, expecting full-year net profit to increase by 50%

Wuling Motors released a positive profit forecast on the Hong Kong Stock Exchange on March 5, predicting that it will record a net profit of approximately RMB 104 million for the year ending December 31, 2024, an increase of approximately 50% from the net profit of RMB 69.456 million in the previous year. At the same time, it is expected that the profit attributable to the owners of the company will be approximately RMB 42 million, an increase of approximately 79% from RMB 23.477 million in the previous year.