China MeiDong Auto Holdings Reports 1H2025 Revenue Decline; Net Profit Drops to RMB 151 Million
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China MeiDong Auto Holdings Ltd. reported a revenue decline in the first half of 2025, totaling RMB 10,135 million, down from RMB 10,656 million in 2024. New car sales revenue fell to RMB 7,930 million, while after-sales services increased to RMB 2,205 million. The company faced a net profit drop to RMB 151 million, with significant losses in new car gross profit. Despite challenges, it maintained healthy cash flow and cost control, while adopting a cautious approach to its electric vehicle strategies.
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