Zeekr sales jump 25 %, and costs are standard margins

Zekr smart technology (NYSE:ZKI mentioned The first financial quarter The results on Thursday. The company has announced a quarterly revenue of 22.02 billion yuan, which represents an increase of 1.1 % on an annual basis.

In US dollars, the analyst missed $ 3.03 billion Estimating a consensus of $ 3.90 billion.

The Zeekr brand handed the brand 41,403 cars, an increase of 25.2 %. Meanwhile, the Lynk & Co brand has provided 72,608 cars, registered 18.9 % growth, with 52.4 % of the delivery processes of NEV models.

The modified net loss of Premium Electric Oper Companyi 2.33 Yuan. In the terms of the US dollar, the company reported a modified net loss for all 32 cents.

Also read: Alibaba, BMW team to bring an intelligent smart assistant of artificial intelligence in China cars from the next generation

Vehicle sales amounted to 19.1 billion Chinese yuan (2.63 billion dollars) for a quarter, which represents an increase of 16.1 % on an annual/p basis of the increase in the volume of new models delivery, partly corresponds to the average medium selling price due to changes in the product mix and pricing strategy.

The car margin was 16.5 %, an increase of 13.1 % in the previous quarter, driven by continuous initiatives to save costs.

Revenue from sales and other services 45.2 % decreased yearly to $ 403 million per quarter, mainly due to a decrease in sales volume and the unit price for battery packages and electric drives.

The total margin expanded to 19.1 % for a quarter of 16.3 % a year ago. The amended net loss reached 88 million dollars per quarter, a decrease of 66.5 %.

As of March 31, 2025, the registered cash, cash and cash rewards amounted to 9.9 billion yuan ($ 1.36 billion).

Jing YuanThe financial manager said, “In the first quarter of 2025, the strengthening of the synergy platform and managing the disciplined supply chain led to standard profitability, as our total car margin reached 16.5 % and the Zekr margin margin of 21.2 % unprecedented.”

Price work: ZK shares are traded by 1.04 % to $ 28.48 at the last check Thursday.

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