Wuling Motors reports 72.3% y-o-y profit growth in H1 2024 with total revenue of RMB 3.946B.
Wuling Motors (0305.HK) reports 72.3% y-o-y profit growth in H1 2024, with total revenue reaching RMB 3.946B, a 10.8% gross profit margin. The company's growth is attributed to the global auto industry chain, expansions into commercial vehicles, automotive power systems, and auto parts. Focus on new energy power systems, traditional fuel engine upgrades, and mass production of NEV components fuel growth, alongside technological innovation.
August 27, 2024
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