Guangzhou Automobile Group Co (HK:2238) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Guangzhou Automobile Group Co. has reported a significant downturn in their financial performance for the third quarter of 2024, with a notable 21.73% decrease in operational revenue and a staggering 190.40% drop in net profit attributable to shareholders. The company’s net cash flow from operating activities also saw a substantial decline of 75.56% compared to the same period last year. Despite these challenges, the total assets increased by 2.14%, reflecting a mixed financial outlook.
For further insights into HK:2238 stock, check out TipRanks’ Stock Analysis page.