Geely Automobile's Unit ZEEKR Narrows Loss in Q1

MT Newswires Live
15 May

Geely Automobile's (HKG:0175) unit ZEEKR Intelligent Technology shrank its attributable loss by 64% in the first quarter to 718 million yuan from 1.98 billion yuan in the year-ago period, a Thursday Hong Kong bourse filing said.

Loss per share stood at 0.28 yuan in the three months from 0.99 yuan in the prior-year period.

The firm saw its revenue for the quarter rise by 1.1% to 22 billion yuan from 21.8 billion yuan a year prior.

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