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Great Wall Electric announced that in the third quarter of 2026, it achieved operating income of 340 million yuan, a year-on-year decrease of 15.27%; a net loss of 61.6566 million yuan, an increase of 32.90% year-on-year losses. The first three quarters of 2026 achieved operating income of 994 million yuan, a year-on-year decrease of 9.21%; net loss of 198 million yuan, an increase of 24.71% year-on-year. The loss in performance was mainly due to intense competition in the product market, increased difficulty in obtaining orders, declining revenue scale, high raw material prices, and a decrease in product gross margin.
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Great Wall Electric announced that in the third quarter of 2026, it achieved operating income of 340 million yuan, a year-on-year decrease of 15.27%; a net loss of 61.6566 million yuan, an increase of 32.90% year-on-year losses. The first three quarters of 2026 achieved operating income of 994 million yuan, a year-on-year decrease of 9.21%; net loss of 198 million yuan, an increase of 24.71% year-on-year. The loss in performance was mainly due to intense competition in the product market, increased difficulty in obtaining orders, declining revenue scale, high raw material prices, and a decrease in product gross margin.
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