Chery Auto H1 Net Profit Drops 11.7% YoY, Overseas Revenue Accounts for Nearly 70%

On August 20, Chery Automobile Co., Ltd. (HKEX: 09973) released its interim financial results for the first half of 2026. During the reporting period, the company recorded revenue of RMB 143.28 billion, an increase of 1.2% year-over-year; profit attributable to owners of the company amounted to RMB 8.567 billion, down 11.7% year-over-year; gross margin improved to 16.1% from 13% in the same period last year; and basic earnings per share stood at RMB 1.47. The announcement noted that overseas markets contributed nearly 70% of total revenue.