Great Wall Motor announced its unaudited financial report for the third quarter of 2024, showing that the total operating income reached 50,825,333,117.34 RMB, an increase of 2.61% year-on-year, while the net profit attributable to shareholders of the listed company decreased by 7.82% to 3,349,565,682.10 RMB. From the beginning of the year to the end of the reporting period, the total operating income and net profit increased by 19.04% and 108.78% respectively, indicating a significant improvement in the overall performance of the company. The basic earnings per share were 0.39 RMB, a decrease of 7.14% from the same period last year. During the reporting period, the company's total assets increased to 204,371,375,188.33 RMB, and the owner's equity attributable to shareholders of the listed company also increased to...Show More

Great Wall Motor announced its unaudited financial report for the third quarter of 2024, showing that the total operating income reached 50,825,333,117.34 RMB, an increase of 2.61% year-on-year, while the net profit attributable to shareholders of the listed company decreased by 7.82% to 3,349,565,682.10 RMB. From the beginning of the year to the end of the reporting period, the total operating income and net profit increased by 19.04% and 108.78% respectively, indicating a significant improvement in the overall performance of the company. The basic earnings per share were 0.39 RMB, a decrease of 7.14% from the same period last year. During the reporting period, the company's total assets increased to 204,371,375,188.33 RMB, and the owner's equity attributable to shareholders of the listed company also increased to 77,331,020,601.38 RMB. The company emphasized its commitment to high-quality development during the reporting period, with growth in overseas sales and optimization of domestic product structure as the main drivers of profit growth. In addition, the company implemented several stock-based incentive plans during the reporting period, including restricted stock and stock options incentive plans, as well as an employee stock ownership plan, aiming to enhance the company's long-term competitiveness and employee cohesion. The report also reminds investors to pay attention to relevant stock-based incentive matters and convertible bonds convertible into shares, among other issues.