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Great Wall Motor Reports: First-Quarter Net Profit Declines by 46.01% Year-on-Year to 945 Million Yuan
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Author：小编
In the first quarter of 2026, Great Wall Motor achieved a total operating revenue of 45.109 billion yuan, marking a 12.72% year-on-year increase. However, its net profit for the same period was 945 million yuan, representing a significant 46.01% decline from the previous year. Despite this, both sales volume and revenue witnessed a year-on-year uptick during the reporting period. The growth in overseas sales proportion played a pivotal role in boosting per-vehicle revenue and gross profit margin. The notable decrease in net profit primarily stemmed from the absence of exchange gains, which were attributable to exchange rate fluctuations in the corresponding period of the previous year.
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