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BAIC Motor Corp Ltd released its first annual report filed to the Hong Kong Stock Exchange last week, and registered 4.51 billion yuan ($730 million) in profit attributable to equity holders last year, more than double the 2.71 billion yuan amount in previous year.
BAIC Motor's revenue surged to 56.37 billion yuan, up from 12.78 billion yuan in 2013.
The report stated an earning-per-share of 0.7 yuan, and comprehensive income totaled 5.84 billion yuan.
Its Beijing Benz passenger car business realized a gross profit of 9.05 billion yuan in 2014, skyrocketing from 1.39 billion yuan the previous year. The Beijing Motor passenger car business lost 68.92 million yuan.
