$GEELY AUTO (00175.HK)$ On August 21, Geely Auto released it...

On August 21, Geely Auto released its financial report, showing a revenue of 107.3 billion yuan in the first half of this year, an increase of 46.6% year-on-year, reaching a historical high; non-deductible shareholders' net profit increased to 3.37 billion yuan year-on-year, and net cash rose to 35.7 billion yuan, also reaching a historical high.

In terms of total vehicle sales, Geely Auto sold 0.956 million vehicles in the first half of this year, an increase of about 41% year-on-year, hitting a historical high; the revenue from total vehicle sales was 87.48 billion yuan, an increase of 45.1% year-on-year. At the same time, the average unit sales revenue was 0.1054 million yuan, a 4.2% year-on-year increase.

In addition, the revenue from other businesses such as Geely Auto's new energy vehicle-related businesses, technical authorizations, and research and development services increased to 19.825 billion yuan in the first half of this year.