Great Wall Motor Co Ltd Class H
02333: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.bt | LOCK|>yn | LOCK|M&vLyq> |
Great Wall Earnings: Another Quarter of Core Profit Miss; Competition Pressures Margin and Expenses
Great Wall Motor, or GWM, saw a 41% year-on-year decline in core net profit for the June quarter. Vehicle export slid 2% year on year but domestic sales grew 17% during the period. Regardless, the heavy price discounts led to challenging margin pressure.
