GEELY AUTO(00175) achieved a record high revenue of 89.2 billion yuan in the third quarter, with a core attributable net profit of 3.96 billion yuan.
Geely Automobile's third-quarter revenue hit a record high, with core attributable net profit doubling compared to the previous quarter.
On November 17th, GEELY AUTO (00175) released its third quarter financial report for 2025. In the third quarter, the company achieved operating income of 89.2 billion yuan, an increase of 15% quarter-on-quarter and 27% year-on-year, with single-quarter revenue reaching a historical high. The core net profit attributable to the parent company in the third quarter was 3.96 billion yuan, an increase of 19% year-on-year, and a cumulative total of 10.62 billion yuan for the first three quarters, a year-on-year increase of 59%. Profitability remained strong, with total gross profit reaching 14.8 billion yuan in the third quarter of 2025, an 11% increase quarter-on-quarter. The gross profit margin for the first three quarters reached 16.5%. The increase in profits has brought the company ample cash reserves, with net cash levels reaching 45.2 billion yuan at the end of September, and sufficient cash reserves.
As of the end of October, GEELY AUTO had achieved sales of 2.477 million vehicles for the year, with an annual sales target of 3 million vehicles and a completion rate of 82.6%. In the fourth quarter, GEELY AUTO will launch multiple new and redesigned models, including the GEELY Galaxy Star 6, to help achieve the annual sales target smoothly.
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