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<Results>GEELY AUTO's 1Q25 NP Rockets 2.6x to RMB5.67B w/ Record-Breaking Sales of 704K Vehicles
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GEELY AUTO (00175.HK) has announced its results for 1Q ended March 2025. The group's turnover reached RMB72.495 billion, up 24.5% YoY, while its net profit was RMB5.672 billion, surging by 263.6% YoY. The group also sold 703,800 vehicles, representing an increase of 48% YoY. During the period, the group achieved record-high sales and experienced strong growth in the new energy business. Among them, sales for the Galaxy brand increased by 214% YoY, with comprehensive improvement in new energy profitability. This led to significant scale effects and a substantial increase in overall profitability. AAStocks Financial News |
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