Seres' Strong Performance in 2024 Revenue, Profit and Sales Surge

TapTechNews July 9th news, Seres today announced that the company expects to achieve operating income ranging from 63.9 billion to 66 billion yuan in the first half of 2024, an increase of 479% to 498% year-on-year. It is expected that the net profit attributable to shareholders of the listed company will be 1.39 billion to 1.7 billion yuan, achieving a turnaround from loss to profit. It is expected that the net profit after deducting non-recurring损益 will be 1.19 billion to 1.5 billion yuan. In the first half of the year, the company exceeded the doubling plan, and the product structure improved significantly, ranking sixth in the sales of luxury brands in the Chinese market.

Seres said that the company firmly adheres to software-defined vehicles, adheres to cross-border integration, adheres to the business policy of technological innovation and cost contribution, and the new-quality productive forces lead the continuous improvement of the company's operating quality, tax and profit growth, and profitability continue to improve.

TapTechNews noted that Seres released an announcement on July 1st, stating that the sales volume of new energy vehicles in June 2024 was 44,126 units, an increase of 372.04% year-on-year; among them, the sales volume of Seres vehicles was 41,457 units, an increase of 631.42% year-on-year. The cumulative sales volume of new energy vehicles this year is 200,949 units, an increase of 348.55%.