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GEELY AUTO's Zeekr Endeavors to Turn around Loss to Profit in 2025
Recommend 16 Positive 35 Negative 11 |
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During the annual earnings conference call, Jing Yuan, CFO of GEELY AUTO (00175.HK)’s electric vehicle (EV) brand Zeekr (ZK.US), revealed that the pace of achieving profit will accelerate impressively, with the deep integration of the Zeekr and Lynk & Co brands. The company aims to achieve a single-quarter breakeven under U.S. GAAP in 2025, while also meeting its annual profit target under Hong Kong accounting standards, positioning it as the fastest nascent automaker in mainland China to reach profit. AAStocks Financial News |
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