According to a research report published by Citigroup, according to BMW's second-quarter results, it is estimated that the net profit of BMW and Brilliance China's joint venture will drop 52% year-on-year in the next half of the year, which is lower than market expectations. According to international financial reporting standards, BMW Brilliance is expected to record a net loss of 1 billion yuan for the second quarter, turning losses year on year and month over month. Citi lowered BMW's sales forecast for this year and next two years from 491,000 and 463,000 units to 420,000 and 380,000 units, and lowered its net profit margin forecast from 6.2% and 6% to 4.1% and 3.6%, dragging down Brilliance China's net profit forecast for this year and next two years by 45% to 49% to 1.26 billion yuan and 1.1 billion yuan. Citi maintained Brilliance China's “Buy/High Risk” rating, and the target price was lowered from HK$3.9 to HK$2.7.

According to a research report published by Citigroup, according to BMW's second-quarter results, it is estimated that the net profit of BMW and Brilliance China's joint venture will drop 52% year-on-year in the next half of the year, which is lower than market expectations. According to international financial reporting standards, BMW Brilliance is expected to record a net loss of 1 billion yuan for the second quarter, turning losses year on year and month over month. Citi lowered BMW's sales forecast for this year and next two years from 491,000 and 463,000 units to 420,000 and 380,000 units, and lowered its net profit margin forecast from 6.2% and 6% to 4.1% and 3.6%, dragging down Brilliance China's net profit forecast for this year and next two years by 45% to 49% to 1.26 billion yuan and 1.1 billion yuan. Citi maintained Brilliance China's “Buy/High Risk” rating, and the target price was lowered from HK$3.9 to HK$2.7.