Summary by Moomoo AI
Li Auto Inc. has released its mid-term financial report, which shows that for the six months ended June 30, 2024, the company's revenue reached RMB 57.3 billion, a year-on-year increase of 20.8%; gross profit was RMB 11.5 billion, a year-on-year increase of 13.9%. However, the company's net profit declined by 47.8% to RMB 1.69 billion. During the reporting period, Li Auto Inc. launched multiple new models and made investments in product research and development, smart driving systems, and more. In addition, the company has strengthened its sales network and charging infrastructure to support business growth. The company's shares are listed on the Hong Kong Stock Exchange and NASDAQ, and no dividends have been declared.
