Changes in Hong Kong stocks | Geely Auto (00175) rose more than 5% in the afternoon, core net profit surged 46% in the first half of the year, and overseas business achieved strong growth

The Zhitong Finance App learned that Geely Auto (00175) rose more than 5% in the afternoon. As of press release, it had risen 5.11% to HK$18.73, with a turnover of HK$482 million.

According to the news, Geely Auto announced its 2026 interim results in the afternoon. The company's total revenue for the first half of the year reached 173.6 billion yuan, an increase of 15% over the previous year, a record high, and maintained steady growth for six consecutive years. Net profit from core to mother reached 9.68 billion yuan, a sharp increase of 46% over the previous year, and the growth rate exceeded revenue growth; net profit margin from core to mother was 5.6%, up 27% year on year. Gross margin increased to 17.9%, and bicycle revenue increased 16% year over year to 112,000 yuan.

During this period, the Group continued to deepen its globalization strategy and achieved strong growth in overseas business, which became one of the Group's main growth drivers. In the first half of this year, the Group's export sales volume reached 474,228 vehicles, a sharp increase of 158% over the previous year, accounting for 33% of total sales. Among them, export sales of new energy vehicles reached 277,189 units, a sharp increase of 585% over the previous year, accounting for 58% of total export sales. The year-on-year growth rate of total export sales and NEV export sales both ranked first among mainstream automobile exporters in China.