Summary by Moomoo AI
Li Auto Inc announced unaudited financial performance for the second quarter of 2024, showing a quarterly total revenue of RMB 31.7 billion, with a total delivery of 108,581 automobiles, a year-on-year increase of 25.5%. The gross margin is 19.5%, a decrease from the same period last year. Operating expenses were RMB 5.7 billion, operating profit was RMB 468.0 million, net profit was RMB 1.1 billion, but a decrease of 52.3% from the same period last year. The company emphasizes that the forward-looking statements in this financial report carry risks and uncertainties, and reminds investors not to overly rely on these data. Li Auto Inc Chairman Li Xiang stated that the company has maintained a leading sales volume in the fierce market competition, and made progress in...Show More