Summary by Futu AI
Great Wall Motor has announced its performance forecast for the first half of 2024. The net profit is expected to be between 65 billion yuan and 73 billion yuan, a year-on-year increase of 377.49% to 436.26%. After deducting non-recurring gains and losses, the net profit is expected to be between 50 billion yuan and 60 billion yuan, a year-on-year increase of 567.13% to 700.56%. The forecast is based on high-quality development of the company's main business, overseas market sales growth, domestic product structure optimization, and increased government subsidies. In the same period last year, the company's net profit was 13.613 billion yuan, non-net profit was 7.495 billion yuan, and basic earnings per share were 0.16 yuan. The company emphasizes that these data have not been audited or reviewed, and reminds investors to pay attention to relevant investment risks. The performance forecast has been approved by the board of directors and will be announced on July 10, 2024.