tiprankstipranks
Dongfeng Motor Group Reports Sales Growth
Company Announcements

Dongfeng Motor Group Reports Sales Growth

Dongfeng Motor Group Co (HK:0489) has released an update.

Dongfeng Motor Group Co. has reported a 2.2% increase in sales volume for the first half of 2024, totaling 966,137 units, indicating steady growth amidst a challenging market. The company’s parent, Dongfeng Motor Corporation, saw an even more significant hike with a 16.7% rise in vehicle sales. Notably, the subsidiary DFAC experienced a remarkable 20.3% growth, reflecting the group’s strong performance across its diverse portfolio.

For further insights into HK:0489 stock, check out TipRanks’ Stock Analysis page.

Looking for more investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles