[New post] UOBKH: Great Wall Motor – HOLD TP $35 (Previous $31)

alanyeo posted: " 3Q21: Net Profit Down 1.7% yoy And 25% qoq, In Line With Estimates GWM registered in-line 3Q21 net profit of Rmb1,416m (-1.7% yoy/-25% qoq). The earnings drop was due to a sales decline and margin squeeze given the chip shortage, spikes in raw materia" New post on Alpha Edge Investing UOBKH: Great Wall Motor – HOLD TP $35 (Previous $31) by alanyeo 3Q21: Net Profit Down 1.7% yoy And 25% qoq, In Line With Estimates GWM registered in-line 3Q21 net profit of Rmb1,416m (-1.7% yoy/-25% qoq). The earnings drop was due to a sales decline and margin squeeze given the chip shortage, spikes in raw material cost and booking of share-based expenses. Looking ahead, management guides for […] Read more of this post alanyeo | November 1, 2021 at 6:38 pm | Tags: Great Wall Motor Company Ltd | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-5JO Comment    See all comments Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://alphaedgeinvesting.com/2021/11/01/uobkh-great-wall-motor-hold-tp-35-previous-31/