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; 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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