Zhejiang Leapmotor Technology Co., Ltd. Class H ( (HK:9863) ) has shared an announcement.
Zhejiang Leapmotor Technology Co., Ltd. announced its audited annual results for 2024, showcasing significant financial and operational achievements. The company reported a positive net profit in the fourth quarter, marking its first profitable quarter ahead of schedule. Leapmotor’s revenue nearly doubled from the previous year, and vehicle deliveries increased by 103.8%, securing its position among the top three emerging auto brands. The launch of new models, C10 and C16, contributed to this growth, with the C10 receiving multiple international awards and safety certifications, highlighting Leapmotor’s commitment to innovation and quality.
More about Zhejiang Leapmotor Technology Co., Ltd. Class H
Zhejiang Leapmotor Technology Co., Ltd. is an emerging auto brand based in China, focusing on electric vehicles. The company has rapidly grown in the industry, delivering innovative and award-winning models such as the C10 and C16, which have received international recognition for design and safety.
YTD Price Performance: 28.26%
Average Trading Volume: 5,779,721
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$55.82B
Find detailed analytics on 9863 stock on TipRanks’ Stock Analysis page.