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Great Wall Motor announced that net profit for the first half of 2026 is expected to be 2.35 billion yuan to 2.6 billion yuan, a year-on-year decrease of 58.97% to 62.92%. The year-on-year decline in net profit for the current period was mainly due to delays in the recovery of income from overseas tax policy subsidies, and due to exchange rate fluctuations. After the exchange gains and losses were hedged against earnings from foreign exchange protection products, comprehensive exchange losses of about 266 million yuan, and exchange earnings decreased by about 1,759 million yuan year on year.
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Great Wall Motor announced that net profit for the first half of 2026 is expected to be 2.35 billion yuan to 2.6 billion yuan, a year-on-year decrease of 58.97% to 62.92%. The year-on-year decline in net profit for the current period was mainly due to delays in the recovery of income from overseas tax policy subsidies, and due to exchange rate fluctuations. After the exchange gains and losses were hedged against earnings from foreign exchange protection products, comprehensive exchange losses of about 266 million yuan, and exchange earnings decreased by about 1,759 million yuan year on year.
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