Great Wall Motor (02333) said its preliminary net profit attributable to shareholders for the first six months of 2014 dropped 3.11% year-on-year to Rmb3.96 billion.
Its basic earnings per share were Rmb1.3.
Operating revenue amounted to Rmb28.53 billion, an increase of 7.99% from a year earlier.
The result was mainly due to the slightly decrease in the total sales in the first half of this year as compared to the corresponding period of last year. The sales of pick-up trucks remained stable while the sales of sedans recorded a decrease and the sales of SUVs maintained a growth. In terms of the total sales in the first half of this year, Great Wall Motor maintained its market position and ranked eighth in the automobile industry in the PRC. The overall performance remained stable as compared with the corresponding period of last year.
23/07/2014 17:17
Great Wall Motor (2333) 1H net profit down 3.1% to Rmb3.96bn
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