BAIC Motor turns to loss attributable to owners of parent at RMB 1.59 billion in 1H FY26; revenue falls 29.9% to RMB 57.73 billion

• BAIC Motor posted a net loss attributable to owners of the parent of RMB 1.59 billion, swinging from profit; basic loss per share was RMB 0.20.
• Revenue fell 29.9% to RMB 57.73 billion, on price competition and lower sales.
• Gross profit dropped 51.3% to RMB 5.81 billion.
• Wholesale sales totaled 328,900 vehicles; exports at Beijing Hyundai rose, reaching 47,000 units.
• Cash and cash equivalents stood at RMB 10.52 billion; net cash outflow from operating activities was RMB 8.23 billion.

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