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LEAPMOTOR Leaps 3%+ as 1Q Gross Margin Sets New High
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LEAPMOTOR (09863.HK) opened 2.57% higher today, and peaked at $64.9. The stock last printed at $64.35, mounting 3.46%, with 2.5835 million shares traded, involving $166 million. The Company announced its 1Q25 results yesterday (19th), with a revenue of RMB10.02 billion, up 187.1% YoY. Loss was RMB130 million, compared with a loss of RMB1.01 billion for the same period of 2024 and a profit of RMB80 million for 4Q24. Gross margin for the quarter was 14.9%, logging a new high in history, while deliveries of vehicles surged by 162.1% YoY to 87,552 units. AAStocks Financial News Website: www.aastocks.com |
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