Net profit of FAW Jiefang Group in China 2010-2021
In 2021, the Chinese vehicle manufacturer FAW Jiefang generated a net profit of nearly 3.9 billion yuan, an increase of 46 percent compared to the previous year. In 2020, FAW Jiefang restructured its assets and shifted its main business from the development, production, and sales of passenger cars to that of commercial vehicles.
