Geely 2025 profit beats estimates as revenue hits record high

Geely Auto reported a flat net income of 16.85 billion yuan ($2.45 billion), which still beat analyst estimates.Geely delivered a total of 3.02 million vehicles in 2025 and set its 2026 sales target at 3.45 million units.(A Geely Xingyuan displayed at the Shanghai Auto Show in April 2025. Image credit: CnEVPost)Geely Automobile Holdings reported a 2025 net profit attributable to shareholders of 16.85 billion yuan ($2.45 billion), remaining largely flat from the previous year but beating the 16.5 billion yuan estimate in a Bloomberg survey.The auto giant's total revenue for 2025 jumped 25% to a record high of 345.23 billion yuan, according to its financial report released Wednesday.Geely sold a total of 3,024,600 vehicles in 2025, exceeding its revised full-year sales target of 3 million units. Join us on Telegram or Google News Geely Auto Annual Sales 2020-2025 Year Sales 2020 1,320,217 2021 1,328,029 2022 1,432,988 2023 1,686,516 2024 2,176,567 2025 3,024,567 Notably, the company experienced a significant sales slowdown in December, which impacted its overall growth momentum at the end of the year.The year-end sales weakness was partly due to the suspension of vehicle trade-in subsidies in major Chinese cities starting in mid-November, dealing a blow to the broader industry.The company's sales target for 2026 is set at 3.45 million vehicles, representing a 14% increase.Geely Auto aims to sell 2.22 million new energy vehicles (NEVs) in 2026, marking a 32% increase from the previous year.In the most recent month of February, Geely saw its total sales buck the trend to grow by about 1% to 206,160 units during the traditional Chinese New Year holiday lull, amid an overall market decline. Geely Auto monthly sales 2024 2025 2026 Record-breaking exports became the core growth engine, as overseas shipments surged 138% to reach 60,879 vehicles during the month.Premium and personalized brands Zeekr and Lynk & Co emerged as key drivers of overall sales, offsetting an unexpected decline faced by the main Geely brand.Zeekr deliveries jumped 70% in February, while the main Geely brand faced pressure with a 10.77% drop in sales. Geely Galaxy teases tech-hardcore SUV as global naming begins Geely Galaxy has teased its first tech-hardcore SUV, designed to compete with luxury models such as the Land Rover Defender. ($1 = 6.8809 yuan)