Geely Automobile’s Profit More Than Tripled on Record Sales
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 15 2025
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Should l Buy ?
Source: WSJ
Geely Automobile's Profit Growth: Geely Automobile reported a net profit of 5.67 billion yuan ($786.6 million) for the first quarter, more than tripling from the previous year due to record sales and improved profitability.
Revenue Increase: The company's revenue rose significantly to 72.50 billion yuan, up from 58.23 billion yuan in the same quarter last year, reflecting its efforts in the competitive electric vehicle market in China.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
