Geely profit growth stalls despite strong revenue rise

Chinese automaker Geely Automobile posted marginal profit growth in 2025 despite a sharp rise in revenue, as pricing pressure and higher costs weighed on earnings. Net profit increased 0.2% year-on-year (YoY) to 16.85bn yuan ($2.44bn) for the year ended 31 December 2025. The company attributed the subdued growth to “fierce price competition in the industry” and elevated distribution and research expenses. Revenue rose 25% YoY to 345.23bn yuan, supported by a 39% increase in total vehicle sales, which e ...