PSA Peugeot Citroen announced Wednesday a massive net loss of Five Billion Euros (RM20.7 bilion) for 2012 - the worst result in its history. However, PSA Peugeot Citroen said it had built the foundations for recovery after cleaning up its balance sheet and implementing a tough restructuring plan.
Peugeot blamed the results on a previously announced 4.7 billion euro asset writedown last year and the crisis in the European car market.
The loss compared with a profit of 588 million euros in 2011, while revenue for the year fell 5.2 percent to 55.4 billion euros.
The results were worse than forecast by analysts and overshadowed the previous record loss of 1.2 billion in 2009.
Net debt stood at three billion euros, the company said.
4 comments:
Recovered comment from Muhammad Alif
uncle apa kabar skrg?
hows your 308T?all good?
mine warranty will finished in 5 months :(.
where do you service your car after the warranty finished?
Slm Muhammad Alif,
My 308T dah 4 tahun atas jalan tapi baru clock 60,000km. BTW , CSC3 tyre which I bought frm u and the other guys baru makan 50%, leh tahan 20k km lagi kot, but will replace those tyres earlier sebab dah expire , x berani nak bawak 'giler2' takut meletup ha haaa...
Currently I'm in JB. Besok balik.
My apology for accidentally deleted your comment. Anyway, I had restored it as shown above
no prob uncle.
rasa lepas ni I nak tukar minyak hitam sendirilah.inspired by you.hehe
Uncle satu lagi I nak mintak tolong you OBD check my car boleh?
sebab nk make sure kete tiada problem bile habis waranty.
Aliff,
you can come over to my house if you don't have the tools.
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