Shulou(Shulou.com)11/24 Report--

CTOnews.com August 18 news, Geely Automobile released 2022 mid-term financial results. In the first half of the year, 19013 polar krypton vehicles were delivered. By the end of July, 396 polar krypton self-built charging stations had been built, achieving 66% of the annual target of 600.

At the performance communication meeting, Geely Automobile Group Chairman An Conghui revealed that the company is confident that Polar Krypton will achieve the goal of delivering 70,000 units throughout the year and maintain the target unchanged.

CTOnews.com reported that 5022 vehicles were delivered in July this year, up 16.73% month-on-month; 30039 vehicles were delivered by the end of July, compared with 24035 in the first seven months of this year. To achieve the annual target of 70,000 vehicles, it is possible to reach an average of 9193 vehicles per month in the remaining five months.

According to the financial report, in the first half of 2022, Geely Automobile realized operating income of 58.2 billion yuan, up 29% year-on-year; average gross profit per vehicle was 16,000 yuan, up 9.9% year-on-year; new energy sales increased 398%; in addition, free cash flow rose 1076% to 5.4 billion yuan, and net cash level rose 5.8% to 22 billion yuan.

Geely Automobile said that with the optimization of the model structure, Geely Automobile's single-vehicle sales revenue and average gross profit per vehicle have also achieved a large increase. During this period, the total average single vehicle sales revenue increased by 21.1% year-on-year to 102,000 yuan.

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