From：Internet Info Agency 2026-10-31 09:54:12
On October 31, Geely Automobile held its Q3 2026 earnings conference call. Gui Shengyue, Vice Chairman of the Board of Geely Automobile, stated at the meeting that over the past three months, Geely Auto has faced its most severe challenges in recent years, with all product lines suffering from homogenized product competition from rivals. According to Geely Automobile's report for the first three quarters of fiscal year 2026 (January 2026 to September 2026): total operating revenue was RMB 272.564 billion, up 13% year on year; gross profit was RMB 48.93 billion; gross margin was 17.95%; net profit attributable to parent company was RMB 13.928 billion, up 7% year on year; net profit excluding non-recurring items was RMB 14.896 billion, up 41% year on year; and the debt-to-asset ratio was 67.48%. The report for the third fiscal quarter (July 2026 to September 2026) shows: total operating revenue was RMB 98.964 billion, up 10% year on year; net profit attributable to parent company was RMB 4.837 billion, up 28% year on year; and net profit excluding non-recurring items was RMB 5.212 billion, up 32% year on year. In addition, Geely Automobile's sales in September were 292,000 vehicles, up about 7% year on year.
