BAIC Motor 2016 After-Tax Profit From Continuing Operations EUR1.29 Billion
February 14 2017 - 08:37PM
Dow Jones News
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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