Great Wall Motor Co Ltd601633
▼ NegativeCapitalrelevance
Company expects 59-63% drop in interim profit due to subsidy loss and forex losses.

Great Wall Motor has announced that its interim results are expected to show a 59 to 63 percent decline in profit compared to the same period last year. The main factors are the loss of government subsidies and the booking of foreign exchange losses. Last updated at 9:58 a.m. on July 15.
Great Wall Motor Co LtdCompany expects 59-63% drop in interim profit due to subsidy loss and forex losses.