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ZEEKR | 6-K: Report of foreign private issuer (related to financial reporting)

SEC ·  Nov 14 19:07

Summary by Futu AI

ZEEKR delivered a record 55,003 vehicles in Q3 2024, up 51% YoY. Total revenue reached RMB18.36B ($2.62B), a 30.7% YoY increase. Vehicle sales rose 42% YoY to RMB14.40B ($2.05B), with vehicle margin improving to 15.7%.Gross profit grew 28.5% YoY to RMB2.94B ($419.2M), while gross margin slightly decreased to 16.0%. Net loss narrowed by 21.7% YoY to RMB1.14B ($162.3M). The company launched new models, including the ZEEKR MIX and ZEEKR 7X, expanding its product lineup.ZEEKR CEO Andy An highlighted the company's strong performance and successful new model launches. CFO Jing Yuan noted ongoing efforts in cost control, product optimization, and profitability enhancement. The company aims to consolidate resources, strengthen product capabilities, and expand its industry presence for sustainable growth.
ZEEKR delivered a record 55,003 vehicles in Q3 2024, up 51% YoY. Total revenue reached RMB18.36B ($2.62B), a 30.7% YoY increase. Vehicle sales rose 42% YoY to RMB14.40B ($2.05B), with vehicle margin improving to 15.7%.Gross profit grew 28.5% YoY to RMB2.94B ($419.2M), while gross margin slightly decreased to 16.0%. Net loss narrowed by 21.7% YoY to RMB1.14B ($162.3M). The company launched new models, including the ZEEKR MIX and ZEEKR 7X, expanding its product lineup.ZEEKR CEO Andy An highlighted the company's strong performance and successful new model launches. CFO Jing Yuan noted ongoing efforts in cost control, product optimization, and profitability enhancement. The company aims to consolidate resources, strengthen product capabilities, and expand its industry presence for sustainable growth.

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