Summary by Moomoo AI
On June 28, 2024, Geely Auto Holding Limited announced that in the unaudited financial performance for the first quarter ended March 31, 2024, the company and its subsidiaries sold 475,700 vehicles, a year-on-year increase of 49%. Revenue was RMB 52.315 billion, a year-on-year increase of 56%, and net profit attributable to the company's shareholders was RMB 1.561 billion, a significant increase of 119% year-on-year. In addition, the gross margin increased from RMB 4.75 billion in the same period last year to RMB 7.15 billion, a year-on-year increase of 51%. The total assets of the company were RMB 189.229 billion, a slight decrease of 2% from the end of last year, while the equity attributable to the company's shareholders increased from RMB 80.509 billion at the end...Show More