By Joanne Chiu

Hong Kong-listed car maker Brilliance China Automotive Holdings Ltd.'s (1114.HK) 2014 net profit rose by 60% from a year earlier, on the back of strong BMW car sales.

Brilliance, which has a car-making venture with Germany's BMW AG (BMW.XE), said in a statement Thursday that its 2014 net profit rose to 5.50 billion yuan ($869 million) from CNY3.37 billion the previous year.

BMW Brilliance Automotive, the 50:50 joint venture between the two firms, sold 278,529 BMW sedans in the period, up nearly 35% from 206,729 a year earlier.

The company's revenue fell 9.6% to CNY5.51 billion from CNY6.10 billion, partly as it sold fewer minibuses. The car maker produces minibuses under the JinBei and Granse brands in China.

Like the previous year, the company omitted a final dividend.

Write to Joanne Chiu at joanne.chiu@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires