Chery Auto released its 2026 interim results: revenue of 143.28 billion yuan, overseas income surging 51% to 98.97 billion yuan, NEV business revenue of 59.28 billion yuan up 63.8%, net profit margin of 6.3% far exceeding industry average, and cash reserves exceeding 63.4 billion yuan.
3943 days ago
Chery Auto's 2026 H1 report reveals a complex picture: 6.3% net margin leading the industry, overseas revenue approaching 70% becoming the profit pillar, yet premium brand sales plummeted and net profit attributable to parent declined YoY, raising questions about growth quality.
3883 days ago
Xiaomi Group reported Q2 2026 earnings with smart EV and AI innovation business revenue of $3.5B, including $3.3B from EV sales. Quarterly deliveries reached 104,199 units, up 28.2% YoY. However, auto business gross margin fell to 19.2% with operating losses of $360M, and the annual 550K delivery target is only ~33% complete.
2773 days ago
EX1000
