Gasgoo.com (Shanghai October 30) - Great Wall earned a net profit of 1.49 billion yuan ($237.1m) for the third quarter of the year, Gasgoo.com (Chinese) reported today. The amount is over double the amount the manufacturer earned in the third quarter of last year. The manufacturer reported total business returns of 11.17 billion yuan ($1.78b). Great Wall's stock was valued at 0.49 yuan ($0.078) per share during the quarter.
Great Wall sold a total of 161,200 vehicles this past quarter, 43.4 percent more than it sold the same time a year ago. The H6 (pictured above) and M4 (pictured below) SUVs were the manufacturer's major earners this quarter. The models' individual quarterly sales totaled 37,800 units and 18,200 units, respectively. In all, the manufacturer's SUV sales grew a full 144 percent over the quarter.
Great Wall's total business returns and cumulative net profit for the first three quarters increased 37.8 percent and 50.6 percent from last year, respectively. The manufacturer's gross profit rate was valued at 26.5 percent over the three quarter period, 1.1 percent higher than it was in 2011.
