Chijet Motor Company’s Mid-Year Financial Snapshot

Chijet Motor Company (CJET) has released an update.

Chijet Motor Company, Inc. has released its unaudited condensed interim consolidated financial statements for the period ending June 30, 2024, with all figures reported in U.S. dollars. The balance sheets indicate a decrease in total assets from December 31, 2023, to June 30, 2024, while liabilities have also seen a slight dip. Notably, the company’s current liabilities exceed its total current assets, suggesting a challenging financial position.

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