Great Wall Motor's Strong Performance in 2024 with Revenue Growth and Sales Increase

TapTechNews August 29th news, Great Wall Motor released the interim results announcement for the six months ending June 30, 2024 today. During the reporting period, Great Wall Motor's revenue was 91.429 billion yuan, an increase of 30.67% year-on-year; The net profit attributable to shareholders of the listed company was 7.079 billion yuan, an increase of 419.99% year-on-year; and the basic earnings per share was 0.83 yuan.

The report shows that in the first half of 2024, the Great Wall Motor Group cumulatively sold 554,856 vehicles, an increase of 6.95% year-on-year. Overseas sales were 199,847 vehicles, an increase of 62.09% year-on-year.

The Great Wall Motor Group has five brands including Haval, WEY, Euler, Great Wall Pickup and Tank. The products mainly cover four categories such as SUV, sedan, pickup and MPV, and the power includes traditional power and new energy power such as plug-in hybrid, pure electric and hydrogen energy.

TapTechNews attaches the performance of each brand as follows:

WEY New Energy cumulative sales of 20,188 vehicles from January to June, an increase of 43.54% year-on-year.

Tank brand cumulative sales of 115,710 vehicles from January to June, an increase of 97.66% year-on-year.

Haval brand sold 297,284 vehicles from January to June, an increase of 0.17% year-on-year, and the global cumulative sales have exceeded 9 million vehicles.

Euler brand cumulative sales of 31,247 vehicles from January to June.

Great Wall Pickup cumulative sales of 90,038 vehicles from January to June. Among them, overseas cumulative sales were 23,624 vehicles, an increase of 14.10% year-on-year.