Geely Auto 2024 interim performance report: revenue exceeds 100 billion for the first time

In the first half of 2024, Geely Automobile Holdings Limited ("Geely Auto") (0175.HK) achieved significant performance growth. The company achieved operating revenue of 107.3 billion yuan, a year-on-year increase of 46.6%. Profit attributable to shareholders reached 10.6 billion yuan, a year-on-year increase of 574.7%. In addition, the company's total gross profit increased to 16.2 billion yuan, with a gross profit margin of 15.1%. These achievements are mainly attributed to the company's economies of scale and optimization of product structure during the performance period.