The group’s profit for the year – or earnings – fell by 83.1% y-o-y to RMB21.0 million. Total comprehensive income for the year fell by 88.8% y-o-y to RMB14.1 million.
Trans-China Automotive (SGX:VI2
) has reported a net loss of RMB19.5 million ($3.8 million) for the 2HFY2022 ended Dec 31, 2022, down from the profit of RMB51.9 million for the corresponding period the year before.
Other comprehensive losses, including the currency translation difference, stood at RMB23.7 million during the 2HFY2022.
