La chaîne d'options affiche les données clés des options sur actions de Dongfeng Motor Group Co à différents prix d'exercice et dates d'expiration. Les traders utilisent ces informations pour analyser les transactions potentielles et évaluer le sentiment du marché pour Dongfeng Motor Group Co..

Dongfeng Motor Group Co (OTC:DNFGY) Stock, Chaîne d'Options

Dongfeng Motor Group Co

Dongfeng Motor Group Co Ltd is engaged in vehicle manufacturing, covering other complete business systems relating to automobiles such as R&D of automobiles, parts and equipment manufacturing, automobile finance, automobile sales, and travel business. The company's segments include commercial vehicles, passenger vehicles, financing services, and corporate and others. The majority of its revenue is generated from the commercial vehicles segment.

DONGFENG MTR GRP UNSP/ADR by Dongfeng Motor Group Co., Ltd.

Dongfeng Motor Group Co Ltd

Regulators from China's commerce ministry are set to meet with executives from several Chinese automakers, including EV giant BYD Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>), to discuss the surge in zero-mile used car sales.
What Happened: The meeting is set to take place on Tuesday afternoon, according to an anonymous source cited in a report by Reuters published on Tuesday.
A zero-mile used car is a car that has been registered with the authorities and has number plates, which make it a ‘sold' car. However, the car has never been driven. The report suggests over 4000 vendors sell these cars domestically in China.
The meeting also includes China Association of Automobile Manufacturers (CAAM), China Automobile Dealers Association (CADA), as well as executives from Dongfeng Motor Group Co., Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/DNFGY#OTC">DNFGY</a>), the report suggests.
Why It Matters: The news comes in as used EVs are steadily picking up the pace. Recently, Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) announced it will begin <a href="https://www.benzinga.com/25/05/45487522/tesla-is-accepting-trade-ins-for-2024-cybertruck-amid-plummeting-sales-figures-report">accepting trade-ins </a>for the Cybertruck, a year after the company released the product into the market.
Elsewhere, BYD has been ramping up its European goals, as the <a href="https://www.benzinga.com/markets/25/05/45560953/byds-europe-pivot-in-full-swing-with-new-26000-affordable-ev-amid-tesla-sales-slump">company recently unveiled </a>its Dolphin Surf hatchback EV in the region. The Dolphin Surf is the Euro-spec version of BYD's best-selling Seagull EV.
BYD also <a href="https://www.benzinga.com/25/05/45564693/byd-outsells-elon-musks-tesla-amid-european-plans-shift-into-gear">surpassed Tesla sales</a> for the first time recently as BYD registered 7,231 battery-electric vehicles in Europe in April, which was higher than Tesla&#8217;s 7,165 units during the same period, according to expert data.
Check out more of Benzinga's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/25/05/45596536/tesla-bull-dan-ives-thinks-elon-musks-ev-giant-could-be-entering-a-golden-era-says-2-trillion-market">Tesla Bull Dan Ives Thinks Elon Musk&#8217;s EV Giant Could Be Entering A &#8216;Golden Era,&#8217; Says 2 Trillion Market Cap &#8216;On The Table&#8217;</a></li>
</ul>
Photo courtesy: Tada Images / Shutterstock.com

Asia

News

Markets

BYDDF

BYDDY

DNFGY

TSLA

Chinese Regulators Will Meet Tesla Rival BYD, Other Companies To Discuss 'Zero Mile' Used Cars: Report

Despite the cessation of production in Russia in 2022, Russian partners have reportedly teamed up with a Chinese counterpart to continue producing Stellantis Citroen cars, according to recent findings.
What Happened: As per the customs data and two anonymous sources, Automotive Technologies, a Russian company, imported at least 42 car kits from China&#8217;s Dongfeng Motor Group (OTC:<a class="ticker" href="https://www.benzinga.com/stock/DNFGY#OTC">DNFGY</a>) in December, Reuters reported. These kits were then used to assemble Citroen C5 Aircross models at the Kaluga plant, which is still primarily owned by Stellantis.
See Also: <a href="https://www.benzinga.com/general/entertainment/24/02/37062490/elon-musk-shuts-down-snoop-doggs-request-for-free-tesla-everyone-pays-full-price-including-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Shuts Down Snoop Dogg&#8217;s Request For Free Tesla: &#8216;Everyone Pays Full Price &#8230; Including Me&#8217;</a>
It remains uncertain whether the imported kits from China contained parts that are under Western sanctions on Russia. This situation underlines the diminished control Western companies have over their brands in Russia since the invasion of Ukraine in February 2022.
Despite the sanctions, the Kaluga plant&#8217;s operators hosted an official launch for the &#8220;production of medium-sized crossovers&#8221; in December 2023. This move signifies the increasing dependence of Moscow&#8217;s car industry on Beijing.
Why It Matters: The latest development adds to the series of challenges faced by global automakers in Russia. In May, <a href="https://www.benzinga.com/m-a/23/05/32505509/volkswagen-exits-russia-completes-sale-of-russian-operations-to-local-dealer">Volkswagen exited Russia</a>, selling its Russian operations to a local dealer. In December, <a href="https://www.benzinga.com/markets/equities/23/12/36297711/hyundai-divests-manufacturing-facilities-in-russia-reportedly-takes-219m-loss-on-strategic-sale">Hyundai divested its manufacturing facilities</a> in Russia, reportedly incurring a $219 million loss. This shift in the automotive landscape has also seen an <a href="https://www.benzinga.com/markets/asia/24/02/37062412/how-chinese-ev-traders-are-beating-global-barriers-with-a-stealthy-tactic-to-conquer-new-markets">increase in Chinese automakers&#8217; presence</a> in the Russian market.
Read Next: <a href="https://www.benzinga.com/news/24/02/37117990/elon-musk-claims-tesla-worker-who-died-in-fiery-2022-crash-unfortunately-never-downloaded-fsd-accide?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Claims Tesla Worker Who Died In Fiery 2022 Crash &#8216;Unfortunately&#8217; Never Downloaded FSD: &#8216;Accident Probably Would Not Have Happened&#8217;</a>
Image by Alexandros Michailidis via Shutterstock
<div style="font-family: 'Lato', sans-serif">
<div>
<hr style="border: 0;height: 5px;background: #225aa9" />
<div style="background-color: #f5f5f5;background-position: center;background-size: cover;justify-content: center"></div>

 Engineered by Benzinga Neuro, Edited by 
 <a href="https://www.benzinga.com/topic/Pooja-Rajkumari" target="_blank" rel="noopener" style="color: #225aa9;text-decoration: none">Pooja Rajkumari</a> 
 
 
<hr style="border: 0;height: 1px;background: #225aa9" />

 The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. 
 <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noopener" style="color: #225aa9;text-decoration: none">Learn more.</a>
 
<hr style="border: 0;height: 5px;background: #225aa9" />
 </div>
</div>

General

STLA

Sanctions Workaround? Citroen Cars Roll On In Russia Despite Stellantis Exit, Thanks To Chinese Help

Hong Kong-listed and Chinese companies are dipping into their retained earnings and splurging on stock buybacks and bumper dividend payouts as their domestic markets remain in a slump, according to new data.
With rising interest rates in the US and languishing stock markets in both China and Hong Kong, dividend payouts by Chinese firms and stock buybacks on Hong Kong&rsquo;s HSI are at historic highs. What&rsquo;s more, investors expect the trend to continue throughout the rest of the year.
In 2022, Hong Kong stock buybacks amounted to HK$104.9 billion ($13.4 billion) while the Hang Seng Index overall plunged 18%, Hang Seng Index <a href="https://www.hsi.com.hk/static/uploads/contents/en/dl_centre/blog/20230919T000000.pdf" style="color:#0563c1">said in a note</a> this week. Year-to-date, the trend has continued with over HK$70 billion of stock repurchases made by listed companies on the island despite an 11% slump in the index over the same period.
Wednesday, HSI index ended at a four-week low on fears of sustained tightening by the Federal Reserve. Hang Seng Index forecasts that the buyback trend will continue to over HK$90 billion of stock buybacks by year-end, which is 4 times the 5-year average.
&ldquo;This extraordinary high-level of buyback value might reflect that the corporates believe their listed shares in Hong Kong are undervalued in 2022 and YTD2023, leading to their &ldquo;buy on dip&rdquo; during the period,&rdquo; Hang Seng Index wrote in the note.
The buybacks mirror a trend reported by Bloomberg of record dividend payouts&nbsp;by China&rsquo;s biggest firms, which amounted to 1.5 trillion yuan ($206 billion) so far this year, surpassing 2022&rsquo;s 1.27 trillion yuan. State-owned behemoths such as Bank of China Ltd. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/bachy#OTC">BACHY</a>) and PetroChina Co Ltd. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/pccyf#OTC">PCCYF</a>) are both yielding over 6% in dividend returns.
China&rsquo;s CSI 300 Index is down 4.3% this year and companies trade for an average P/E of 13 there right now. This represents over a 50% fall from the index&rsquo;s 5-year high reached in February 2021.
Among the Hong Kong companies that have been buying back their beaten-down shares during 2023 which are also listed on US exchanges are beverage conglomerate Yum China (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/yumc#NYSE">YUMC</a>), tech giant Tencent (OTC: <a class="ticker" href="https://www.benzinga.com/stock/tcehy#OTC">TCEHY</a>), HSBC Holdings Plc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hsbc#NYSE">HSBC</a>), Hanison Construction Holdings Ltd. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/hacof#OTC">HACOF</a>), Bank of East Asia Limited (OTC: <a class="ticker" href="https://www.benzinga.com/stock/bkeay#OTC">BKEAY</a>), Cosco Shipping Development Co Ltd (OTC: <a class="ticker" href="https://www.benzinga.com/stock/citaf#OTC">CITAF</a>), sportswear maker Li Ning Co. Ltd. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/lnngy#OTC">LNNGY</a>) and Dongfeng Motor Co. Ltd. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/dnfgy#OTC">DNFGY</a>).
Share buybacks have been occurring daily since the start of the year and frequently rise into the hundreds of millions and even billions of US dollars on any given day, according to data provided by Hang Seng Index.
This month&rsquo;s biggest stock repurchaser is Tencent which is currently repurchasing over $50 million of its own stock a day as part of the continuation of a similar stock buy-back initiative it undertook last year. In China, the year&rsquo;s largest stock repurchaser is Ant Group which <a href="https://www.bloomberg.com/news/articles/2023-07-08/ant-plans-to-spend-about-78-5-billion-to-repurchase-shares" style="color:#0563c1">announced in July</a> that it would buy back 7.6% of the entire company for around $5 billion. &nbsp;
The continued spending splurge follows headline share buybacks by other China-listed giants over the course of last year:
<ul>
<li>Xiaomi Corp. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/xiacy#OTC">XIACY</a>) <a href="https://tech.hindustantimes.com/tech/news/xiaomi-shares-soar-in-hong-kong-after-1-3-billion-buyback-plan-71615515630175.html" style="color:#0563c1">announced</a> in August 2022 that it intended to repurchase up to $1.3 billion of its own shares in Hong Kong. This stock repurchase appears to be still ongoing according to Hang Seng Index data.</li>
<li>BYD Co Ltd (OTC: <a class="ticker" href="https://www.benzinga.com/stock/byddy#OTC">BYDDY</a>) <a href="https://www.yicaiglobal.com/news/china-byd-to-buy-back-up-to-usd282-million-in-shares-for-staff-incentive-plan" style="color:#0563c1">repurchased</a> over $200 million of its own stock off mainland Chinese exchanges in April 2022.</li>
<li>In January 2022, China Mobile <a href="https://www.reuters.com/markets/asia/china-mobile-debut-shanghai-after-biggest-china-offering-decade-2022-01-04/" style="color:#0563c1">said that it would repurchase</a> $1.6 billion of its Hong Kong shares.</li>
</ul>
As for China&rsquo;s CSI, the beaten-down HSI also trades at a historically low P/E ratio of 10.
With 87% of Hong Kong listed companies now in the process of undertaking share buybacks, Hang Seng Index said that the exchange represented the largest destination in the world for corporate stock repurchases in 2023.
Disclaimer: Author holds no positions in any of the stocks mentioned.&nbsp;

Penny Stocks

Small Cap

BACHY

BKEAY

CITAF

HACOF

HSBC

LNNGY

PCCYF

TCEHY

XIACY

YUMC

China & Hong Kong Dividend Yields, Stock Repurchases Soar To Historic Highs As Markets Remain Depressed

<ul>
<li>Alibaba Group Holding Ltd&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/baba#NYSE">BABA</a>) has&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/21/09/g22923801/deeproute-ai-announces-300-million-total-funding-looks-ahead-to-scaling-urban-logistics-and-fleet-" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">led an investment round of over $300 million</a>&nbsp;into the Chinese autonomous driving start-up,&nbsp;DeepRoute.ai.</li>
<li>Other investors included Greater China-focused tech investor Jeneration Capital, Chinese automaker&nbsp;Geely Automobile Holdings Ltd&nbsp;(OTC:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/gelyf#OTC" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">GELYF</a>),&nbsp;<a class="editor-rtfLink" href="https://www.reuters.com/technology/china-self-driving-firm-deeprouteai-raises-300-mln-alibaba-others-2021-09-14/" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Reuters reported</a>.</li>
<li>DeepRoute.ai will use the proceeds to double the fleet of its test robotaxis to 150 by 2021 end from the current 70. It will also expand its workforce to 600, including in-vehicle safety drivers, by 2021 end from 400 now.</li>
<li>DeepRoute.ai collaborated with automaker&nbsp;Dongfeng Motor Group Co Ltd&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/dnfgf#OTC">DNFGF</a>) (OTC: <a class="ticker" href="https://www.benzinga.com/stock/dnfgy#OTC">DNFGY</a>) on self-driving technologies. It also worked with Geely&#39;s ride-hailing unit Cao Cao.</li>
<li>DeepRoute.ai would also develop self-driving light-duty trucks for urban logistics services, adding Alibaba would be a big client.</li>
<li>Alibaba is already an investor in another Chinese autonomous driving car start-up,&nbsp;AutoX, and is backing electric vehicle maker&nbsp;XPeng Inc&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/xpev#NYSE">XPEV</a>),&nbsp;<a class="editor-rtfLink" href="https://www.cnbc.com/2021/09/14/alibaba-leads-300-million-funding-of-chinese-driverless-car-firm-deeprouteai.html" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">CNBC reports</a></li>
<li>Alibaba also planned to develop self-driving trucks with its logistics subsidiary Cainiao.&nbsp;</li>
<li>DeepRoute.ai&#39;s rival WeRide, backed by&nbsp;Nissan Motor Co Ltd&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/nsanf#OTC">NSANF</a>) (OTC: <a class="ticker" href="https://www.benzinga.com/stock/nsany#OTC">NSANY</a>), plans to develop self-driving vans, while&nbsp;Toyota Motor Corp&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tm#NYSE">TM</a>) backed Pony.ai aims to develop autonomous trucks.</li>
<li>Chinese internet firm&nbsp;Baidu Inc&nbsp;(NASDAQ:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/bidu#NASDAQ" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">BIDU</a>) and ride-hailing app&nbsp;DiDi Global Inc&nbsp;(NYSE:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/didi#NYSE" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">DIDI</a>) are also invested in autonomous driving.</li>
<li>Price Action:&nbsp;BABA shares traded lower by 1.76% at $162.50 in the premarket session on the last check Tuesday.</li>
</ul>

Tech

Media

BABA

BIDU

DIDI

DNFGF

GELYF

NSANF

NSANY

XPEV

Key Takeaways From Alibaba's Investment In Self-Driving Firm DeepRoute.ai

On January 7, 2014 the National Development and Reform Commission (NDRC) 
 in China gave its approval of the establishment of a joint venture 
 between the Volvo Group (OTC: <a class="ticker" href="/stock/volvy#OTC">VOLVY</a>) and Dongfeng Motor Group Company Limited (PTC: DNFGY). Before 
 completion of the transaction, additional authority approvals are to be 
 obtained.
 <a href="http://www.benzinga.com/pressreleases/14/01/b4241893/chinese-authority-approves-joint-venture-between-the-volvo-group-and-do">See full press release</a>

Guidance

Contracts

Management

Global

AB Volvo Class B American Depositary Receipts

VOLVY

China Approves JV between Volvo Group and Dongfeng Motor Group 

Walgreen Co (NYSE: <a class="ticker" href="/stock/wag#NYSE">WAG</a>) reported a drop in its fiscal second-quarter profit. Walgreen's quarterly profit declined to $683 million, or $0.78 per share, from $739 million, or $0.80 per share, in the year-ago period. Its net sales rose to $18.65 billion from $18.50 billion. However, analysts were expecting earnings of $0.77 per share on net sales of $18.63 billion.

Charming Shoppes Inc (NASDAQ: <a class="ticker" href="/stock/chrs#NASDAQ">CHRS</a>) reported a wider-than-expected fiscal fourth-quarter loss. Charming Shoppes posted a quarterly loss at $13.2 million, or $0.11 per share, versus a year-ago loss of $30.4 million, or $0.26 per share. Excluding restructuring charges and other items, Charming Shoppes posted a loss of $0.06 per share. Its net sales dropped 2.9% to $559.1 million. However, analysts were expecting a loss of $0.02 per share on revenue of $542 million. 

Vermillion Inc (NASDAQ: <a class="ticker" href="/stock/vrml#NASDAQ">VRML</a>) reported a Q4 loss at $0.21 per share on revenue of $868 thousand. However, analysts were expecting a loss of $0.26 per share on revenue of $770 thousand.

Lennar Corp (NYSE: <a class="ticker" href="/stock/len#NYSE">LEN</a>) reported a decline in its first-quarter net income. It net income dropped to $15 million, or $0.08 per share, from $27.4 million, or $0.14 per share, in the year-ago period. However, analysts were expecting earnings of $0.04 per share. It also reported a strong rise in orders in the December-February period. Lennar's new orders climbed 33% to 3,022 homes in the period.

McCormick &amp; Company Inc (NYSE: <a class="ticker" href="/stock/mkc#NYSE">MKC</a>) reported a drop in its first-quarter profit. McCormick's quarterly profit declined to $74.5 million, or $0.55 per share, versus $76.8 million, or $0.57 per share, in the year-earlier period. The company's sales climbed to $906.7 million from $782.8 million. However, analysts were expecting earnings of $0.53 per share on sales of $863.7 million. 

Wolseley PLC (OTC: <a class="ticker" href="/stock/wosyy#OTC">WOSYY</a>) reported a 28% surge in its half year profit. Wolseley's profit before tax for the period rose to GBP250 million, versus GBP195 million, in the year-ago period. Its revenue came in at GBP6,841 million. Wolseley's trading profit climbed 13% to GBP310 million. Wolseley's underlying trading profit in the ongoing business surged 16% to GBP318 million.

Kazakhmys PLC (OTC: <a class="ticker" href="/stock/kzmyy#OTC">KZMYY</a>) reported a 36% decline in its full-year net profit. Kazakhmys' FY net profit attributable to equity shareholders fell to $930 million, versus $1.45 billion in 2010. Its FY EBITDA climbed 3.2% to $2.93 billion.

Israeli company Strauss Group Ltd (OTC: <a class="ticker" href="/stock/sgljf#OTC">SGLJF</a>) reported a flat fourth-quarter earnings. Strauss reported its Q4 net profit at 33 million shekels ($8.9 million), the same as in the year-ago quarter. Its sales rose to ILS2.1 billion, from ILS1.8 billion. Strauss' full-year net profit dropped to ILS161 million, versus ILS211 million in 2010. Its sales revenue climbed 13% to ILS7.7 billion.

Dongfeng Motor Group (OTC: <a class="ticker" href="/stock/dnfgy#OTC">DNFGY</a>) reported a 4.6% drop in its annual earnings in 2011. Dongfeng's 2011 earnings fell to 10.48 billion yuan ($1.66 billion), versus analysts' estimates of 10.95 billion yuan. Its revenue rose 7.4% y/y to 131.44 billion yuan.

Neogen Corp (NASDAQ: NEOG) reported its Q1 EPS at $0.22 on revenue of $44.9 million. However, analysts were expecting earnings of $0.22 per share on revenue of $45.70 million.

Gol Linhas Aereas Inteligentes SA (NYSE: <a class="ticker" href="/stock/gol#NYSE">GOL</a>) reported a drop in its fourth-quarter net profit. Gol's quarterly net profit fell to 54.27 million Brazilian reais ($30 million), from BRL132.2 million, in the year-ago quarter. Its operating expenses climbed 41% y/y to BRL2.26 billion, from BRL1.6 billion. Gol's net revenue surged 19.5% to BRL2.23 billion from BRL1.87 billion. Gol's earnings before interest, taxes, depreciation, amortization and aircraft rental costs, (EBITDAR) declined to BRL238 million, from BRL475 million. 

Hon Hai Precision Industry Co (OTC: <a class="ticker" href="/stock/hnhpf#OTC">HNHPF</a>) reported a 66% surge in its fourth-quarter net profit. Hon Hai's quarterly net profit climbed to NT$35.0 billion, from NT$21 billion, in the year-ago period. Its revenue surged 24% to NT$1.074 trillion versus NT$863.2 billion in the previous quarter.

Companhia Siderurgica Nacional (NYSE: <a class="ticker" href="/stock/sid#NYSE">SID</a>), or CSN, reported an 81% surge in its fourth-quarter net profit. CSN's quarterly profit jumped to 817 million Brazilian reais ($450 million), from BRL450 million, in the year-earlier period. Its net revenue climbed to BRL4.17 billion, from BRL3.44 billion. CSN's earnings before interest, taxes, depreciation and amortization (EBITDA) rose 1% y/y to BRL1.46 billion.

Earnings

Pre-Market Outlook

CHRS

HNHPF

KZMYY

NEOG

SGLJF

VRML

WOSYY

Earnings Roundup

Dongfeng Motor Group (OTC: <a class="ticker" href="/stock/dnfgy#OTC">DNFGY</a>) reported a 4.6% drop in its annual earnings in 2011. 

Dongfeng's 2011 earnings fell to 10.48 billion yuan ($1.66 billion), versus analysts' estimates of 10.95 billion yuan. Its revenue rose 7.4% y/y to 131.44 billion yuan.

Car sales in China surged 5.2% in 2011. However, Dongfeng sold 2.17 million vehicles in the period, up 11.7%.

Dongfeng Posts Drop In 2011 Net Profit

Comments

Dongfeng Motor Group Co

Dongfeng Motor Group Co (DNFGY) Options

No option chain data available. Please try again later

Notizie

PARTENAIRE / CONTRIBUTEUR

BENZINGA MONDIAL