pubpokertour| GAC Group's gross profit increased by 85.5% year-on-year in the first quarter

Beijing Business News (Reporter Liu Yang Liu Xiaomeng) April 26pubpokertour, GAC Group (601238) released financial report showing that revenue in the first quarter of this year was approximately 215.pubpokertour.66 billion yuan, attributable to shareholders of listed companiespubpokertourNet profit of approximately 12pubpokertour.20 million yuan, the gross profit reached 1.131 billion yuan, and the gross profit margin was 5.24%. At the same time, major autonomous operating profits and losses, including GAC Trumpchi and GAC Aian, narrowed by 23.9% year-on-year.

The financial report shows that in the first quarter of this year, GAC Group took active destocking measures. Due to factors such as reduced inventories, improved operating efficiency and lower prices for lithium carbonate motive batteries, the overall gross profit level in the first quarter was significantly improved. Gross profit increased by 85.5% year-on-year, and gross profit margin increased by 2.95 percentage points year-on-year.

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