Great Wall Motor: Revenue stable, profit down in H1 2025

Great Wall Motor Company Limited reported total operating revenue of RMB92,334,633,193.51 for the six months ended 30 June 2025, a 0.99% increase year-on-year. Despite revenue growth, net profit attributable to shareholders decreased by 10.21% to RMB6,336,939,113.25, with basic and diluted earnings per share at RMB0.74, down from RMB0.83 in the prior period. The company attributed increased selling expenses (up 63.31%) due to direct-to-user channel expansion and new model promotions, alongside exchange rate fluctuations, as key factors impacting net profits.

The company completed several share-related activities, including the cancellation of 3,720,916 restricted A Shares by 16 June 2025, and an increase of 5,575,000 A Shares from the registration of reserved restricted shares by 24 February 2025. Additionally, 924,441 A Shares were increased through the exercise of share options by 4 June 2024, and 30 A Shares were added from the exercise of first grant share options by 16 April 2025. The board did not recommend an interim dividend for the six months ended 30 June 2025.