By Joanne Chiu 
 

BAIC Motor Corp.'s (1958.HK) after-tax profit from continuing operations rose 28% to 1.29 billion euros ($1.36 billion) in 2016.

The Chinese state-backed car maker, which counts German automotive group Daimler AG (DAI.XE) as its strategic investor, said Wednesday that its full-year revenue rose 33% to EUR15.1 billion from EUR11.3 billion a year ago.

The earnings figures were published in Daimler's 2016 financial results. BAIC Motor will release full-year results in March.

 

Write to Joanne Chiu at joanne.chiu@wsj.com

 

(END) Dow Jones Newswires

February 14, 2017 20:22 ET (01:22 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.
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