Great Wall Motor expects net profit to increase by 377.49%-436.26% in the first half of 2024

Great Wall Motors released a forecast on July 10, predicting that the net profit attributable to the parent company's owners in the first half of 2024 will be 6.5 billion to 7.3 billion yuan, a year-on-year increase of 377.49% to 436.26%. Net profit after deducting non-recurring gains and losses is expected to be 5 billion to 6 billion yuan, a year-on-year increase of 567.13% to 700.56%. Changan Automobile released a forecast on July 10, predicting that the net profit attributable to shareholders of the listed company in the first half of 2024 will be 2.5 billion to 3.2 billion yuan, a year-on-year decrease of 58.19% to 67.33%.