Jianghuai Automobile: a net loss of 1.437 billion yuan in 2022 is expected to turn to a loss over the same period last year.

According to CTOnews.com news on January 31, Jianghuai Motors yesterday announced that it expected to achieve a net profit loss of 1.437 billion yuan belonging to the owner of the parent company in 2022, compared with the same period last year, and the net profit in the same period last year was about 200 million yuan.

When talking about the main reasons for the pre-loss of the current performance, Jianghuai Automobile said that affected by the epidemic and chip shortage, the company sold 500400 cars and chassis of various types in 2022, down 4.54% from the same period last year, and the gross profit of its main business decreased by about 295 million yuan compared with the same period last year.

In addition, JAC expects to achieve a net profit loss of about 2.565 billion yuan after deducting non-recurring profits and losses attributed to the owner of the parent company in 2022. The net profit loss after deducting non-recurring profit and loss belonging to the owner of the parent company in the same period last year was 1.884 billion yuan.

JAC Motor said that the government subsidy affecting profit and loss during the reporting period was about 1.203 billion yuan, a decrease of about 801 million yuan compared with the same period last year, and the income from asset disposal affecting profit and loss during the reporting period was about 18 million yuan, a decrease of about 415 million yuan compared with the same period last year.

CTOnews.com learned that data show that Jiangqi Group sold 302000 passenger vehicles in 2022, an increase of 19.64 percent over the same period last year, and commercial vehicle sales of 198400. In the field of pure electric passenger cars, Jiangqi Group sold a total of 193100 vehicles in 2022, an increase of 43.97% over the same period last year.