Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

GWLLY.PK - Great Wall Motor: 2012 Net Profit Up 66.1 Percent YoY

|Includes: Great Wall Motor Company, Ltd. ADR (GWLLY)


Prepared by ChinaScope Financial | Source: Company Disclosure
  • Great Wall Motor Co., Ltd. (02333: HKG; 601633: SHA) announced that company operating revenue for 2012 increased 43.4 percent year-on-year (YoY) to CNY 43.2 billion. Company net profit increased 66.1 percent YoY to CNY 5.69 billion.


  • In 2012, the company sold a total of 621,000 vehicles, up 34.3 percent YoY. Specifically, pickup, SUV, and sedan sales went up 12.4 percent, 90 percent, and 6.3 percent YoY, respectively. The company exported a total of 95,000 vehicles, up 20.5 percent YoY.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.