Jiangling Motors reports significant profit decline in Q3 2025
Jiangling Motors’ net profit attributable to listed company shareholders plunged by 93.94% to 16,405,954 yuan in Q3 2025, and by 35.76% to 749,134,001 yuan for the first nine months. This decline was more pronounced in non-recurring gains and losses, with net profit after deducting non-recurring items decreasing by 126.67% in Q3 and 56.95% year-to-date.
Despite the profit downturn, the company’s cumulative vehicle sales for the first nine months rose by 7.73% to 260,957 units, including light passenger vehicles, trucks, pickups, and SUVs. However, total operating revenue for the first nine months of 2025 slightly decreased by 1.59% to 27,288,525,392 yuan.
The decrease in net profit is primarily attributed to business adjustments at Jiangling Ford Automobile Technology (Shanghai), a controlled subsidiary, leading to a reversal of deferred income tax. Basic and diluted earnings per share for the first nine months stood at 0.87 yuan, down from 1.35 yuan in the prior year.
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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