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<Results>GEELY AUTO 1Q NP RMB1.561B, Up 119% YoY
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GEELY AUTO (00175.HK) announced that its 1Q24 net profit was RMB1.561 billion, hiking 119% YoY. Revenue reached RMB52.315 billion, lifting 56% YoY. Sales were 475,700 vehicles, up 49% YoY. Zeekr Holding, a subsidiary of GEELY, delivered about 33,000 vehicles in 1Q24, surging 117% YoY. Revenue was RMB14.7 billion, mounting 71% YoY. Gross profit was RMB1.8 billion, leapfrogging 137% YoY. Gross profit margin elevated 3.4 ppts YoY to 12.3%. AAStocks Financial News |
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