Geely Automobile Holdings Ltd (GELYF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Mr. Gui Shen Yue, CEO and Executive Director of GD Automotive Holdings Limited. Mr. Gan Jia Yue, CEO of GD Auto Group, Executive Director of GD Automotive Holdings Limited. And Mr. Dai Yong, CFO of GD Auto Group. Also, we have invited with us Madam Zhang Jing Ying, now Independent Director, to be with us over this conference. So I think the hot spell of Hangzhou happens to be coinciding with the booming market in China. So today we have three sections for today's brief conference. First of all, we will hand over to Mr. Dai for a brief interview followed by Mr. Gui's opening speech and further followed by the Q&A session. Apart from our offline audience, you are all the more welcome to type in your questions through the online channels. So over to you, Mr. Dai, for some introductions. Okay. Thank you very much for your introduction. Mr. Moderator, dear investors, and friends from the media, good afternoon. My name is Dai Yong. It is my pleasure to present the GD Automotive results for the first half of 2025. During the first half of this year, GD Automotive continued its strong momentum growth, recording all-round increases in sales volume, market share, revenue, and core profit. Sales volume-wise, we delivered about 1.409 million units in the first six months, up by 47% year-on-year, far outpacing the industrial average of 13%. In terms of market share, for the first time ever, we exceeded 10%, reaching 10.4%, an increase of about 2.4 percentage points year-on-year. In terms of revenue, our sales revenue amounted to about RM150.3 billion, up by 27%, maintaining steady and sustained growth. The core net profit attributable to the parent company reached about RM6.66 billion, up by 102% year-on-year, achieving a double-digit growth rate of our profit. Now let me come to...