Geely Automobile Holdings (HK:0175) has released an update.
ZEEKR Intelligent Technology Holding Limited, a subsidiary of Geely Automobile Holdings, has reported a robust year-over-year increase of 117% in vehicle deliveries for the first quarter of 2024. Despite a significant increase in vehicle sales and revenues compared to the first quarter of the previous year, the company experienced a loss from operations which decreased compared to both the first quarter of 2023 and the fourth quarter of 2023.
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