07
Apr
14:35
Great Wall Motor's 2022 gross profit margin increases amid NEV sales decrease
Chinese automaker Great Wall Motor recently released its 2022 financial statements. During 2022, its gross profit margin increased from 16.16% to 19.37% while its vehicle sales declined over 200,000 units compared to 2021.
According to its financial statements, the company's net 2022 profit reached about CNY 8.27 billion ($1.20 billion), an on-year increase of 22.9%; its operating income reached CNY 137.34 billion, an on-year increase of 0.69%. …
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