Great Wall Motor's Q1 2025 profit plunges 45.6%

Great Wall Motor Company (SSE:601633) reported a significant decrease in net profit for the first quarter of 2025. The profit attributable to shareholders plummeted to CNY 1,751,178,715.35, a 45.6% decrease compared to CNY 3,219,099,770.95 in the same period last year. Revenue also saw a decline, with total operating income falling by 6.63% to CNY 40,019,080,365.54. Basic and diluted earnings per share both decreased by 44.74% to CNY 0.21. The company attributed the profit decline to a period of product upgrading and a decrease in sales, as well as increased investment in its direct sales system. Net cash flow from operating activities was at CNY -8,980,143,836.11. The company is also actively carrying out its stock option plan and has announced relevant progress on several occasions.