BAIC Motor’s revenue in the first half of the year reached 99.047 billion yuan, a year-on-year increase of 18.37%

News from this site on August 29, BAIC Motor released its performance report for the first half of 2023. In the first half of the year, operating income was 99.047 billion yuan; a year-on-year increase of 18.37%; operating profit was 12.585 billion yuan, a year-on-year increase of 9.78 %; net profit attributable to parent companies was 2.846 billion yuan, a year-on-year increase of 31.9%; net profit per share was 0.36 yuan, a year-on-year increase of 33.3%.

This site noticed that the overall sales volume of BAIC Motor Group was 50.7 million vehicles, a year-on-year increase of 24.1%. Among them, new energy vehicles sold 49,000 , a year-on-year increase of 91.5%, achieving market expansion; fuel vehicles sold 459,000 , a year-on-year increase of 19.7%, achieving steady growth.

In the first half of the year, the Beijing brand sold a total of 72,000 units, a year-on-year increase of 125.9%; the cumulative sales of electric cars were 29,000 units; the export business sold a total of 18,000 units, a year-on-year increase of 234.8%. Rewritten content: The Beijing brand sold a total of 72,000 vehicles in the first half of the year, a year-on-year increase of 125.9%; the cumulative sales of electric vehicles were 29,000 units; the export business sold a total of 18,000 vehicles, a year-on-year increase of 234.8%

Beijing Benz’s vehicle sales reached 301,000 units, a year-on-year increase of 12.9%. Beijing Hyundai's vehicle sales reached 118,000 units, a year-on-year increase of 25.7%. Fujian Benz’s sales volume is 15,000 units

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