Faw Jiefang Group Co., Ltd Class ASZSE: 000800

FAW Jiefang Group: H1 2024 revenue and profit grew, led by new energy and export sales, despite cash flow decline

· Issued by Faw Jiefang Group Co., Ltd Class A

Revenue rose 7.84% to ¥35.60 billion and net profit increased 19.16% to ¥478 million in H1 2024, with strong growth in new energy and export sales. Operating cash flow declined, and the company faces ongoing industry competition and market risks.

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