Summary by Futu AI
Geely Automobile Holdings Limited (Geely Automobile) announced its third quarter results for the nine months ending September 30, 2024. The financial report shows that the company achieved significant growth in both revenue and profit during this period. Revenue increased from 1,232.89 million yuan in the same period last year to 1,676.84 million yuan, a growth of 36%. During the same period, the company's pre-tax profit significantly increased from 31.31 million yuan to 137.68 million yuan, and profit for the period rose from 25.5 million yuan to 129.34 million yuan. This strong financial performance reflects Geely Automobile's competitiveness and growth potential in the market. The unaudited condensed consolidated statement of financial position shows that as of September 30, 2024, the company's net current assets amounted to 76.72 million yuan, while total assets minus current liabilities were 1,109.67 million yuan. Geely Automobile's shareholder equity increased from 805.09 million yuan last year to 920.84 million yuan, a growth of 14%.