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XPENG-W Slips 7% as 2024 Non-GAAP Loss Narrows to RMB5.55B
Recommend 8 Positive 20 Negative 12 2025/03/19 01:45 GMT
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XPENG-W (09868.HK) faced pressure following its earnings release, with its stock price opening 5.42% lower today (19th). With the decline worsening throughout the session, the stock bottomed at HKD87.55. It last stood at HKD88.4, down 7.05%, with a trading volume of 13.6969 million shares and a turnover of HKD1.219 billion. For last year, XPeng reported a non-GAAP net loss attributable to ordinary shareholders of RMB5.55 billion, narrowed from RMB9.44 billion in 2023. Revenue rose 33.2% YoY to RMB40.866 billion. The company forecast 1Q25 vehicle deliveries to range between 91,000 and 93,000 units, representing a YoY leap of approximately 317-326.2%. Total revenue is expected to be between RMB15 billion and RMB15.7 billion, up approximately 129.1-139.8% YoY.
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