Ideal Auto's 2024 financial report shows revenue growth but profit decline

Ideal Auto achieved revenue growth in 2024, with total annual revenue reaching 144.5 billion yuan, a year-on-year increase of 16.6%. However, net profit declined to 8 billion yuan, a year-on-year decrease of 31.9%. Total revenue in the fourth quarter was 44.3 billion yuan, a year-on-year increase of 6.1%, and net profit was 3.5 billion yuan, a year-on-year decrease of 38.6%.