16:39 - 1.08.2024

---

August 1, Fineko/abc.az. German automaker Bayerische Motoren Werke AG (BMW) recorded a 9% decrease in net profit in the 2nd quarter with a slight decrease in revenue.

ABC.AZ informs that according to the report, net profit in April-June totaled 2.71 billion euros against 2.96 billion euros for the 2023 same term.

Sales of BMW, MINI and Rolls-Royce cars decreased by 1.3% in the last quarter, to 618,743. Sales of electric vehicles increased by 22.2% up to 107,925 vehicles.

Sales of BMW motorcycles increased by 2.6% up to 66,640.

The company's shares are losing 2.6% in price during trading on Thursday. Since the beginning of this year, their cost has decreased by 17%.