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"Li Auto's Record Profits Propel Stock to New Heights"

1 min read
Source: Yahoo Finance
"Li Auto's Record Profits Propel Stock to New Heights"
Photo: Yahoo Finance
TL;DR

Li Auto's stock surged after the Chinese EV company reported its first-ever annual net profit and nearly tripled its vehicle deliveries year-over-year, with 131,805 vehicles delivered in the quarter. The company also saw a significant increase in gross profit and maintained a 22.7% margin per vehicle during the fourth quarter of 2023.

Topics:businessbusiness-finance#annual-net-profit#business-finance#chinese-ev#li-auto#stock-surge#vehicle-deliveries
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  1. Li Auto stock jumps on first-ever annual net profit  Yahoo Finance
  2. Li Auto Stock Soars After Earnings. NIO, XPeng Gain, Too.  Barron's
  3. Li Auto Crushes EPS Views. The EV Stock Is Racing Higher.  Investor's Business Daily
  4. Li Auto Forecasts Softer Sales After Posting Surge in Quarterly Revenue, Profit  The Wall Street Journal
  5. LI Earnings: Li Auto Races Ahead on Impressive Q4 Performance - TipRanks.com  TipRanks

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