GAC Group’s total operation revenue reached nearly 400 billion yuan in 2020, with a net profit growth rate excluding non-recurring gains and losses of 25%

2021-03-23 13:51:25

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23

2021-03

GAC Group announced its 2020 annual performance on March 25. During the reporting period, the total operation revenue of the group stood at 395.498 billion yuan, an increase of 5.87% year on year

GAC Group announced its 2020 annual performance on March 25. During the reporting period, the total operation revenue of the group stood at 395.498 billion yuan, an increase of 5.87% year on year; the total operation revenue of the consolidated statement, 63.157 billion yuan, an increase of 5.78% year on year; the net profit excluding non-recurring gains and losses attributable to shareholders of listed companies, 4.807 billion yuan, an increase of 967 million yuan compared with the previous reporting year and an increase of 25.17% year on year; the basic earnings per share excluding non-recurring gains and losses, 0.47 yuan/share, an increase of 0.09 yuan/share compared with the previous reporting year. During the reporting period, the company adhered to a long-term, sustained and stable dividend policy. In 2020, it maintained its dividend rate at about 30% and distributed 1.8 yuan (including tax) per 10 shares to all shareholders, totally about 1.86 billion yuan throughout the year.

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