Brilliance China fell nearly 9%, expected to see a maximum 40% drop in net profit last year

AASTOCKS
2026.03.16 02:22

Brilliance China (01114.HK) issued a profit warning after the market closed last Friday (13th), causing its stock price to open 8.24% lower today (16th), with a low of HKD 2.83. It is currently reported at HKD 3.1, down 8.82%, with a trading volume of 107 million shares, involving HKD 321 million.

Brilliance China expects that its audited profit after tax expenses for last year will decrease by no more than 40% compared to 2024; and it anticipates that the group's net profit for 2025 will decrease by no more than 40% year-on-year, while the net profit for the fiscal year 2024 is expected to be approximately RMB 3.101 billion. This is mainly due to the poor performance of the group's major joint venture, Brilliance BMW Automotive Ltd., and the operational losses incurred by the group's main operating subsidiary, Jinbei (Shenyang) Automotive Co., Ltd