Geely Autos: In the first quarter of 2025, profit increased by 264% year-on-year.

Geely Autos announced that for the three months ending March 31, 2025, the group's sales reached a historic high of 0.7038 million vehicles, an increase of 48% year-on-year. Revenue for this quarter was 72.495 billion yuan, up 25% year-on-year. The profit attributable to the parent company's owners was 5.672 billion yuan, an increase of 264% year-on-year. The New energy Fund business showed strong growth, with Galaxy brand sales increasing by 214%, and overall profitability improved. The group's total Assets were 264.246 billion yuan, a decrease of 2% compared to December 31, 2024, and the equity attributable to the parent company's owners was 87.789 billion yuan, an increase of 1%.