Lates News

At the Geely Automobile Mid-Term Performance Conference held today (August 14), Geely Automobile Group CFO Dai Yong stated that in the first half of the year, Geely Automobile's sales volume grew strongly, product profitability was steady, and expenses rates dropped significantly, ultimately leading to a substantial year-on-year increase in core net profit attributable to the parent company to 6.66 billion, with a year-on-year growth rate of 102%. Thanks to the significant increase in per vehicle profitability, the company's core net profit attributable to the parent company also achieved rapid growth. Since the launch of the Galaxy E5 in August 24, every product of Galaxy has performed well, and the profitability cycle of new energy has started comprehensively, with a year-on-year increase of 37% in core net profit attributable to the parent company and a 57% increase in core net profit rate, leading the industry in growth rate.