Geely Automobile Reports: Parent Company Owners' Profit Stands at RMB 4.17 Billion in Q1, Marking a 27% YoY Decline
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Author:小编   

On April 29, Geely Automobile (00175.HK) disclosed that the Group sustained a trajectory of steady growth in the first quarter of 2026, achieving total sales of 709,358 units, which represents a modest 1% year-on-year (YoY) increase. Propelled by robust export sales growth and a higher proportion of high-value product sales, the Group's revenue for the period witnessed a significant 15% YoY surge, outpacing the sales volume growth. In the same quarter, the profit attributable to the owners of the parent company amounted to RMB 4.17 billion, reflecting a 27% YoY decrease. This decline was primarily attributable to the adverse impact of foreign exchange fluctuations when compared to the corresponding period of the previous year.