Great Wall Motor's first quarter financial report is impressive, with net profit increasing significantly year-on-year

Before the upcoming Beijing Auto Show, Great Wall Motors released its first quarter financial report, with outstanding performance. The company's sales increased by 25.11% year-on-year to 275,300 vehicles, and its net profit increased by 1752.55% to 3.228 billion yuan. This achievement made Great Wall Motors' net profit exceed that of Changan Automobile and GAC Group, which have higher sales. Even compared with the leader BYD, Great Wall Motors' sales volume is only 43%, but its net profit has reached 70% of BYD.