US Stock Movement: ZEEKR (ZK.US) Gains Nearly 3% as Q2 Net Loss Narrows 88.8% Year-over-Year

Stock News
Aug 19

On Tuesday, ZEEKR (ZK.US) climbed nearly 3% to $31.41. According to ZEEKR's second-quarter earnings report, the company generated total revenue of 27.431 billion yuan, with vehicle sales revenue reaching 22.916 billion yuan. The company's Q2 financial performance achieved multiple record highs. The comprehensive gross margin reached 20.6%, representing a 2.6 percentage point increase year-over-year. Vehicle gross margin stood at 17.3%, up 5.8 percentage points compared to the same period last year. Net loss amounted to 287 million yuan, narrowing by 88.8% year-over-year and 62.4% quarter-over-quarter. In the first half of the year, ZEEKR delivered a cumulative total of 244,877 new vehicles, marking a 14.5% increase year-over-year.

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