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BMW shares skid on profit warning. The German experience in China keeps getting worse.
MarketWatch· 2025-10-08 08:35
Core Points - BMW shares experienced a significant decline of 7% on Tuesday [1] - The decline was attributed to lower-than-expected sales volumes in China [1] - The anticipated tariff agreement between the U.S. and the European Union has not yet been realized [1] Company Summary - BMW's stock performance indicates market concerns regarding its sales strategy in China [1] - The company is facing challenges related to international trade agreements, particularly with the U.S. and EU [1]
申华控股: 申华控股2025年半年度业绩预亏公告
Zheng Quan Zhi Xing· 2025-07-11 16:13
Group 1 - The company forecasts a net profit loss between -65 million and -45 million yuan for the current period [1] - The main reason for the profit loss is intensified competition in the automotive market, leading to ongoing price wars among brands [2] - The company, as a BMW dealer, is facing dual pressures from the market and manufacturers, but has implemented measures to stabilize sales revenue [2] Group 2 - The company's unaudited non-operating income is approximately 2.44 million yuan, which has decreased compared to the same period last year [2] - The company did not receive similar rebate subsidies from manufacturers as in the previous period, impacting overall profit [2] - The total profit for the period is reported at -44.62 million yuan, with a net profit attributable to shareholders of -38.93 million yuan [3]