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Porsche operating profit rebounds as China market exposure decreases

CNBC · ·by G4L

  1. 1Porsche announced an operating profit of 1.74 billion euros for the first nine months of 2026.
  2. 2Porsche significantly reduced its exposure to the Chinese market.
  3. 3Porsche is cutting thousands of jobs to respond to cost reductions and weakening demand.

So what's the key point?

Porsche made a profit by reducing its share of the Chinese market and saving on costs. The company is even cutting jobs to protect its earnings.

Source CNBC · View original ↗

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