Great Wall Motor's net profit is expected to increase by 76.60% to 85.14% in 2024

Great Wall Motors expects to achieve a net profit attributable to the parent company's owners of 12.4 billion to 13 billion yuan in 2024, a year-on-year increase of 76.60% to 85.14%. This performance growth is mainly due to the company's high-quality development strategy, the growth of overseas sales, and the further optimization of the domestic product structure. In addition, the increase in non-operating gains and losses is mainly due to the year-on-year increase in government subsidies received.