Asia
Changan Automobile's H1 Profit to Drop Up to 68%
Chongqing Changan Automobile (SHE:000625, SHE:200625) expects its net profit attributable to shareholders in the first half to drop by between 58% and 68% year on year to a range of 740 million yuan to 970 million yuan, according to a Shenzhen bourse filing on Wednesday.The attributable profit a year earlier was 2.29 billion yuan.Earnings per share is expected to fall to between 0.07 yuan and 0.10 yuan from 0.23 yuan in the previous year.The Chinese automobile maker's A shares jumped 3% at the close.
SHE:000625SHE:200625
