Geely Automobile: Net profit in the first quarter of 2025 was 763 million yuan, a decrease of 60.2% year-on-year.

Geely Automobile announced that total revenue for the first quarter of 2025 was 22.019 billion yuan, an increase of 1.1% year-on-year and a decrease of 37.8% quarter-on-quarter. Car sales revenue was 19.096 billion yuan, an increase of 16.1% year-on-year and a decrease of 38.4% quarter-on-quarter. The number of car deliveries was 114,000 units, an increase of 21.1% year-on-year. The net loss was 763 million yuan, a decrease of 60.2% year-on-year and an increase of 21.3% quarter-on-quarter.