A number of listed car dealership groups announced 2017 earnings pre-commercial announcement

Since January, a number of Hong Kong-listed car dealership groups have announced profit announcements on the Stock Exchange, and are expected to see significant growth in their 2017 operating results. The following is a summary of the profit pre-hi announcement released by some listed car dealership groups:

â–² China Zhengtong Automobile Service Holdings Co., Ltd. announced on January 18 that it is expected that the profit attributable to owners of the parent company for the year ending December 31, 2017 will increase by more than 100% compared with the same period of 2016.

â–² China Yongda Automobile Service Holdings Co., Ltd. announced on January 19 that it expects that its consolidated net profit attributable to owners of the company for the year ending December 31, 2017 will be comparable to the year ended December 31, 2016. More than 70% growth.

â–² China Harmony New Energy Automobile Holdings Co., Ltd. announced on January 19 that it is expected that the year ending on December 31, 2017 will be compared to the same period of last year and will turn a profit into profit. Profit attributable to owners of the parent company during the reporting period Get no less than about RMB 1 billion.

â–²Dongchangxing Group Co., Ltd. announced on January 22 that it is expected that its net profit attributable to shareholders of the company for the year ending December 31, 2017 will be significantly more than 50% compared to the year ended December 31, 2016. increase.

Analysis of the earnings pre-joy announcement of listed companies can be seen that the excellent operating results achieved by the dealer group are mainly attributed to the rapid development of auto finance, good brand portfolio and network advantages, stable growth of after-sales service, strong demand for luxury cars, and effective Cost management, new vehicle gross margin improvement, and rapid development of used car business.