Great Wall Technology Revenue Jumps on Copper Price Surge

Great Wall Technology's first-half revenue jumped by 20.68% to approximately $1.1 billion, driven mainly by rising copper prices.

The company's net profit attributable to shareholders reached around $21.1 million, but only grew by 3.25%, revealing a divergence between top-line and bottom-line growth.

Despite the revenue expansion, actual production and sales data showed a declining trend, with first-half magnet wire output down 5.54% year-on-year and sales volume decreasing by 4.02%.