Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens for the delivery of the trumpet of a salted fish! CTOnews.com July 14 news, Great Wall Motor Co., Ltd. this afternoon issued a half-year 2023 results forecast.

According to preliminary estimates by the financial department, the net profit attributable to shareholders of listed companies is expected to be 1.15 billion yuan to 1.55 billion yuan in 2023, a decrease of 4.05 billion yuan to 4.45 billion yuan compared with the same period last year, and a decrease of 72.32% to 79.47% compared with the same period last year, Great Wall said.

The net profit after deducting non-recurring profits and losses belonging to shareholders of listed companies is 600 million yuan to 850 million yuan, which is expected to decrease by 1.21 billion yuan to 1.46 billion yuan compared with the same period last year, and 58.71% to 70.86% lower than the same period last year.

CTOnews.com learned from the announcement that Great Wall believes that the fluctuation in its performance in the reporting period is mainly due to the company's "deepening the transformation to new energy and intelligence", product restructuring, increased investment in brand and channel construction based on the launch of new products in 2023, and "persistent R & D investment in new energy and intelligence", as well as reduced exchange rate gains.

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