Great Wall Motor Co Ltd Class H

02333: XHKG (HKG)
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Great Wall Earnings: Profit Missed Again as Competition Weighs on Margin and Selling Expense

Great Wall Motor reported 46% year-over-year decline in net profit for the first quarter to CNY 1.8 billion. Vehicle exports slid 2% year over year and domestic sales dropped 9% during the period, leading to margin pressure.

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