Stock Movers | Geely Automobile Expands Decline After Results

SighingCashier · 2026-03-18T06:02:07+00:00

Geely Automobile's profit last year slightly increased to 16.852 billion yuan, but the stock price temporarily fell by 6.1%. The company's revenue reached 345.232 billion yuan, a record high, with vehicle sales rising 39% to 3.0246 million units. The projected sales target for 2023 is 3.45 million units.

SighingCashier

2026-03-18 06:02:07

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Geely Auto (00175) reported a slight increase in profit last year. After releasing its earnings, the stock price fell further, dropping as much as 6.1% to a low of HKD 17.7.

As of 1:55 PM, the stock was at HKD 18.07, down 4.1%, with a turnover of HKD 1.3 billion.

Geely Auto announced that for the year ending last year, attributable net profit to shareholders was RMB 16.852 billion, up 0.24% year-on-year. The final dividend was HKD 0.5, an increase of 51.52%.

During the period, revenue reached RMB 345.232 billion, an increase of 25.12% year-on-year, setting a new record high. The gross profit margin was 16.6%, a slight increase of 0.1%.

Based on wholesale volume (including exports), the group sold 3.0246 million vehicles last year, a 39% increase year-on-year, surpassing the revised annual sales target of 3 million units. The group set this year’s sales target at 3.45 million units, approximately a 14% increase over the total sales achieved in 2025.

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