SAIC Motor Records 72% Rise in Core First-Half Profit to 7.87 Billion Yuan

SAIC Motor generated consolidated operating revenue of 298.65 billion yuan for the opening six months of 2026. Attributable net profit reached 5.15 billion yuan, while core net profit—which filters out foreign exchange fluctuations and asset impairment charges—climbed 72% over the prior-year period to 7.87 billion yuan. Net cash flows from operational activities advanced 158% to reach 54.3 billion yuan, supported by an expansion in gross margin of three percentage points to 12.6%.

Deliveries totaled 2.045 million vehicles during the first half, representing a pace that SAIC noted outstripped the wider Chinese automotive market expansion by roughly four percentage points. In response to heightened pricing competition across China, the enterprise shifted production emphasis toward higher-yield segments and tightened expenditure controls.

International expansion remained a central pillar, with the manufacturer establishing regional parts facilities and service networks across Europe, Central Asia, and Africa. Deploying additional automotive transport ships, including the ANJI LUCK, expanded SAIC's annual maritime ocean shipping capacity beyond 600,000 vehicles to serve key export destinations.