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Geely Profit Beats Estimates as Sales Approach Those of BYD

Corporate EarningsAutomotive & EVCompany FundamentalsAnalyst EstimatesConsumer Demand & RetailAntitrust & CompetitionEmerging MarketsProduct Launches

Geely reported a record full-year profit that beat analyst estimates, driven by strong demand for EX2 hatchbacks and Zeekr SUVs. The results have helped the company close the sales gap with market leader BYD, highlighting rising competitiveness in China's auto/EV market.

Analysis

Geely reported a record full-year profit that beat analyst estimates, driven by strong demand for EX2 hatchbacks and Zeekr SUVs. The results have helped the company close the sales gap with market leader BYD, highlighting rising competitiveness in China's auto/EV market.

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