ISTANBUL German carmaker BMW Group's annual net profit dove 36.9% in 2024, amid "continuing subdued demand in the Chinese market," according to the company's financial report on Friday. The company's annual net profit fell to €7.68 billion ($8.32 billion) which was in line with a London Stock Exchange Group's (LSEG) forecast. BMW's revenues totaled €142.3 billion in 2024, down 8.4% year-on-year from the previous year's €155.4 billion. The automaker stated that it anticipates a 5% to 7% earnings

Tag-uri: BMW