Net profit of FAW Jiefang Group in China 2010-2024
In 2024, the Chinese vehicle manufacturer FAW Jiefang reported a net profit of ****** million yuan, representing a drop of more than ** percent compared to the previous year, yet still significantly lower than the figures between 2018 and 2021. In 2020, FAW Jiefang restructured its assets and shifted its main business from the development, production, and sales of passenger cars to that of commercial vehicles.