Geely Automobile Holdings Ltd

00175: XHKG (HKG)
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Geely Earnings: In Line; Larger Sales Volume Eased Price Pressure

Geely reported 25% year-on-year revenue growth for the first quarter. Excluding exchange gain, core net profit still more than doubled from the previous year. The combined Zeekr and Lynk entity delivered meaningful improvement in vehicle margin and a narrowing of loss.

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