Zeekr Reports Q1 2025 Results: Sales Up 21.1%, Revenues Slightly Up, Net Loss Decreases 63.8%, EPS Down to RMB0.28

Reuters
2025/05/15
Zeekr Reports Q1 2025 Results: Sales Up 21.1%, Revenues Slightly Up, Net Loss Decreases 63.8%, EPS Down to RMB0.28

Zeekr Intelligent Technology Holding Ltd. reported its unaudited financial results for the first quarter of 2025. The company achieved total revenues of RMB22,019 million (US$3,034 million), marking an increase of 1.1% from RMB21,781 million in the first quarter of 2024, but a decrease of 37.8% from RMB35,377 million in the fourth quarter of 2024. The net loss attributable to ordinary shareholders was RMB718 million (US$99 million), a significant reduction of 63.8% from the net loss of RMB1,982 million in the same quarter the previous year and an 18.1% decrease from RMB877 million in the fourth quarter of 2024. Total vehicle deliveries reached 114,011 units, reflecting a 21.1% year-over-year increase. The Zeekr brand alone delivered 41,403 vehicles, up 25.2% from the previous year. Meanwhile, the Lynk & Co brand delivered 72,608 vehicles, with 52.4% of these deliveries being new energy vehicle $(NEV)$ models, marking an 18.9% increase year-over-year. The company's overall vehicle margin improved to 16.5%, while the Zeekr brand specifically achieved a margin of 21.2%, both marking significant increases from previous periods. Additionally, the Lynk & Co brand recorded a vehicle margin of 11.4%. Zeekr Group expressed a commitment to deepening resource integration and unlocking synergistic value to deliver enhanced returns for shareholders and build enduring value moving forward.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zeekr Intelligent Technology Holding Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN87699) on May 15, 2025, and is solely responsible for the information contained therein.

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