Great Wall Motor announced that it expects net profit attributable to owners of the parent for the first half of 2026 to be between 2.35 billion and 2.6 billion yuan, a year-on-year decrease of 58.97% to 62.92%. The change in performance is mainly due to the delayed recovery of overseas tax policy subsidy gains and the impact of exchange rate fluctuations. The company's net profit for the second quarter is expected to be between 1.405 billion and 1.655 billion yuan, while net profit for the first quarter was 945 million yuan. Based on this calculation, second-quarter net profit is expected to grow 48% to 74% quarter-on-quarter.
Great Wall Motor Co LtdNet profit expected to drop 58.97%-62.92% year-on-year due to delayed overseas tax subsidy recovery and FX fluctuations.