On July 27th, Great Wall Motors released the performance bulletin for the first half of 2015. In the first half year, the company achieved a net profit of 4.901 billion yuan, operating revenues of 37.145 billion yuan and a total profit of 5.946 billion yuan, up 23.96 percent, 30.21 percent and 24.74 percent year on year respectively. The basic EPS was 1.61 yuan. By late June, the company’s total assets had reached 61.553 billion yuan.
According to the buletin, Great Wall Motors’ sales growth in the first half of 2015 was attributable to the rise in the percentage of its SUV sales which also led to the fast growth of its total operating revenues and net profit. In the first half of 2015, the company sold a total of 415,300 units, up 19.56 percent year on year, ranking 7th in the auto industry. Haval achieved total sales of 311,200 units, increased 81.25 percent from the same period of last year which was 171,700 units, thus remaining as the top-selling SUV brand. Bestsellers Haval H6 and Haval H2 were ranked 1st and 6th in the Chinese SUV segment with sales of 172,000 units and 77,200 units respectively. Haval H6 was ranked 12th among the world top 20 best-selling SUVs as the only Chinese model listed.
