Foton Motor posts strong H1 2025 growth, profit jumps 70%

Beiqi Foton Motor Co., Ltd. (SSE:600166) reported a 70.23% increase in total profit to RMB 750.31 million for the first half of 2025, with revenue climbing 26.71% to RMB 30.37 billion. This growth was attributed to a 9.08% rise in commercial vehicle sales to 327,500 units and enhanced profitability from overseas operations, which saw 78,518 units sold. The company's strategic focus on internationalization, new energy vehicles, and smart manufacturing contributed to these results, alongside efforts to reduce costs.

Foton Motor received a government subsidy of RMB 11.41 million on August 26, 2025, which is expected to positively impact its 2025 profit. This subsidy represents 14.17% of the company's 2024 audited net profit attributable to shareholders. The company also maintained robust internal controls and liquidity within its financial arm, Beijing Automotive Group Finance Co., Ltd., ensuring the safety and liquidity of its deposits.

The company will hold a performance briefing on September 22, 2025, to discuss these results and future plans, emphasizing its commitment to shareholder engagement and transparency.