Q3 Profits Increased by near 90% QoQ Significantly
Great Wall Motors recorded the revenue of RMB21.2 billion in Q3, up 18% yoy and 13% qoq. The net profit attributable to stockholders reached RMB1.4 billion, up 507% yoy and 88% qoq. The accumulated revenue in the first three quarters reached RMB62.58 billion, down 6.1% yoy, a sharp decrease from -15% in the semi-annual report. The net profit attributable to stockholders reached RMB2,917 million, down 25.7% yoy, down 59% in the semi-annual report.