Brief: Li Auto Inc Q1 Revenue Jumps Over 300%

Peruvian Metals

26/05/2021 09:06

May 26 (Reuters) - Li Auto Inc  L87Ay.F :
    * . ANNOUNCES UNAUDITED FIRST QUARTER 2021 FINANCIAL RESULTS
    * Q1 REVENUE ROSE 319.8 PERCENT TO RMB 3.58 BILLION
    * DELIVERIES OF LI ONES WERE 12,579 VEHICLES IN Q1 OF 2021,
REPRESENTING A 334.4% YEAR-OVER-YEAR INCREASE
    * TOTAL REVENUES WERE RMB3.58 BILLION (US$545.7 MILLION) IN
Q1 OF
2021, REPRESENTING AN INCREASE OF 319.8% FROM RMB851.7 MILLION
IN Q1 OF 2020
    * VEHICLE SALES WERE RMB3.46 BILLION (US$528.7 MILLION) IN 
Q1 OF
2021, REPRESENTING AN INCREASE OF 311.8%
    * BASIC AND DILUTED NET LOSS PER ADS ATTRIBUTABLE TO
ORDINARY
SHAREHOLDERS WERE BOTH RMB0.40 (US$0.06) IN Q1 OF 2021
    * NET LOSS WAS RMB360.0 MILLION (US$54.9 MILLION) IN Q1 OF
2021
    * SEES Q2 2021 DELIVERIES OF VEHICLES TO BE BETWEEN 14,500
AND
15,500 VEHICLES, REPRESENTING AN INCREASE OF 119.6% TO 134.7%
FROM Q2 2020
    * SEES Q2 2021 TOTAL REVENUES TO BE BETWEEN RMB3.99 BILLION
(US$609.0 MILLION) AND RMB4.27 BILLION (US$651.7 MILLION)

Source text for Eikon:  ID:nGNX44tMYJ 
Further company coverage:  L87Ay.F 

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