Foton Motor Forecasts 1,551% Net Profit Surge in 2025, Returning to Profit

Foton Motor (SHA: 600166) recently announced that it expects net profit attributable to shareholders of the parent company in 2025 to reach approximately RMB 13.3 billion, an increase of about 1,551% year-over-year. The company also reported net profit after deducting non-recurring gains and losses of approximately RMB 8.2 billion, marking a return to profitability. The company attributed its significant earnings growth primarily to the comprehensive advancement of its internationalization, new energy, and intelligent vehicle strategies, as well as effectively capitalizing on the national "trade-in-for-new" policy incentives, which substantially boosted sales of overseas and new energy vehicles. Additionally, enhanced contributions from new products, innovative marketing models, expansion of aftermarket services, and cost reductions and efficiency improvements across the entire value chain have all effectively strengthened the company’s overall profitability.