Dongfeng Automobile receives significant government subsidy, boosting 2025 profit outlook
Dongfeng Automobile Co., Ltd. announced on November 28, 2025, that it received government subsidies totaling 1731.66 yuan. This amount represents a significant 59.38% of the company's net profit attributable to shareholders of listed companies, as audited for the 2024 fiscal year.
The company clarified that this subsidy is related to its daily operating activities but is not sustainable. In accordance with "Enterprise Accounting Standard No. 16 - Government Subsidies," the received funds are recognized as income-related government subsidies.
This government subsidy is expected to positively impact Dongfeng Automobile's profit for the 2025 fiscal year. The specific accounting treatment and its ultimate effect on the company's profit and loss for the year will be subject to the final confirmation by an auditing institution's annual audit. Investors are advised to be aware of potential investment risks.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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