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GWMOTOR (02333.HK) Rallies 8%+ as 1Q NP Surges 17x+
Recommend 16 Positive 36 Negative 18 |
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GWMOTOR (02333.HK) opened up 4.8% this morning (25th). In early session, the stock saw widened upswing, peaking at $12.24. It last printed at $12.18, up 8.56%, on volume of 18.941 million shares and turnover of $228 million. The first quarter net profit of GWMOTOR shot up 17.5 times year-on-year to RMB3.228 billion. The operating revenue rose 47.6% year-on-year to RMB42.86 billion. In addition, GWMOTOR launched a new round of organizational restructuring, involving marketing team, which will be led by Wei Jianjun, Chairman of GWMOTOR, according to Chinese media. AAStocks Financial News |
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