Guangzhou Automobile Group Co (HK:2238) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Guangzhou Automobile Group Co., Ltd. reported a significant decline in both production and sales volumes for 2024, with production dropping by 24.21% and sales by 20.04% year-on-year. Despite a monthly increase in December sales by 9.3%, the overall annual figures reflect a challenging year for the company. Investors might find the contrasting performance of various subsidiaries, such as GAC Motor’s notable sales growth and GAC Honda’s steep declines, particularly intriguing.
For further insights into HK:2238 stock, check out TipRanks’ Stock Analysis page.
