Brilliance China drops on 2024 profit plunge

Brilliance China Automotive Holdings

24/03/2025 03:44

** Brilliance China Automotive Holdings 1114.HK drops 6.6% to HK$2.56; set for biggest one-day pct decline since March 4

** Stock hits lowest since March 17

** Co's 2024 revenue falls 2.3% y/y, profit attributable plunges 60% y/y

** Citi reiterates "buy/high risk" rating, saying Brilliance's FY24 net profit was in line with consensus

** Stock down 7.2% YTD

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))