Geely Auto (00175) released its third quarter performance, with a net profit attributable to shareholders of 3.82 billion yuan, an increase of 59% year-on-year.
Geely Automobile (00175) released the third-quarter performance for the first nine months ending on September 30, 2025, with the group achieving...
GEELY AUTO (00175) released its third-quarter performance for the nine months ending September 30, 2025. The group achieved revenue of RMB 89.192 billion (same unit), an increase of 27% year-on-year; net profit attributable to the owners of the parent company was RMB 3.82 billion, an increase of 59% year-on-year; and sales volume was 761,000 vehicles, an increase of 43% year-on-year.
In the third quarter of 2025, the group continued its strong growth momentum, with sales of both fuel vehicles and new energy vehicles growing in sync, driving total sales to increase rapidly by 43%. Revenue in the third quarter of 2025 increased by 27% year-on-year. The group achieved a net profit attributable to the owners of the parent company of RMB 3.8 billion in the third quarter of 2025 (RMB 2.4 billion in the third quarter of 2024, after restatement), an increase of 59% year-on-year.
Excluding foreign exchange gains and losses, net profit attributable to the owners of the parent company after tax, impairment losses on non-financial assets, gains on disposal of subsidiaries held for sale, and impairment losses on assets classified as held for sale, for the nine months ending September 30, 2025, was RMB 10.62 billion (RMB 6.68 billion for the nine months ending September 30, 2024, after restatement), an increase of 59% year-on-year.
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