BMW's net profit rose 223% last year

The BMW Group's net profit increased by 223.1 percent compared to 2021 last year, reaching 12.5 billion euros.

In the statement made by the BMW Group, it was reported that the group's net profit was 3 billion 857 million euros in 2020, the first year of the Kovid-19 epidemic, and increased to 12 billion 463 million euros last year, with an increase of 223.1 percent.

In the statement, which stated that the group revenues increased by 12.4 percent to 111 billion 239 million euros in the said period, it was noted that the profit of the company was positively affected by the high price of new vehicles and the sales of second-hand vehicles.

BMW Group, which includes brands such as MINI and Rolls-Royce as well, increased its automobile deliveries worldwide by 8.4 percent last year to 2 million 521 thousand 514. 13 percent of this, or 328 thousand 314, consisted of electric cars.

BMW also announced that it will increase its dividend payment from 1.90 euros per share to 5.80 euros.