Great Wall reports Q1 profit surge
Updated: 2013-05-06 11:48Leading domestic brand by sales Great Wall Motors reported net profit of more than 1.89 billion yuan in the first quarter, a 73.39 percent surge from the same period a year earlier, the company said on April 25. Statistics from China Association of Automobile manufacturers show 182,000 Great Wall vehicles were sold in the period, up 38 percent. The Haval brand sold 89,000 units in the first quarter, up 92 percent.