Great Wall Motor reported a net loss of RMB 217 million ($31.5 million) in the first quarter of 2023, a 116.6% year-on-year decline, excluding non-recurring gains and losses, as the Chinese automaker struggled with declining vehicle sales. According to its financial report published on Friday, the company’s revenue for the quarter also fell 13.6% from a year ago to RMB 29 billion as car sales dropped by a quarter to nearly 220,000 vehicles. Specifically, only 3,403 Wey-branded premium vehicles and 17,766 Ora small electric cars were delivered, representing declines of 76.2% and 47.4%, respectively. Non-recurring figures usually refer to irregular or non-cash expenses related to temporary conditions such as acquisitions, restructuring, and so on. [Great Wall Motor filing, in Chinese]