Leapmotor's first half performance report: delivery volume dropped 14.4%, revenue still reached 5.813 billion yuan

According to news from this site on August 25, Leapmotor announced its first half report. The total vehicle delivery volume in the six months ended June 30, 2023 was 44,502 units , compared with the same period in 2022 51,994 vehicles decreased by 14.4%. Among them, T03 delivery volume was 8,975 vehicles, a decrease of 72.9% from 33,058 vehicles in the same period of 2022; C11 (including extended-range electric vehicles) delivery volume was 27,493 vehicles, an increase of 45.4% from 18,915 vehicles in the same period of 2022; C01 delivery volume was 8,034 C01 will be delivered in September 2022.

Leapmotor’s revenue in the first half of the year was 5.813 billion yuan, a year-on-year increase of 14%, with a gross profit margin of 5.9%; Net loss attributable to equity holders was 2.27 billion yuan, compared with 2.44 billion yuan in the same period last year; adjusted net loss (non-IFRS) was 1.936 billion yuan, compared with 2.322 billion yuan in the same period last year; net cash generated from operating activities was 151 million yuan, compared with 581 million yuan in the same period last year.

##According to the report, this site learned that Leapmotor’s electric vehicles Sales of products and components reached 5.803 billion yuan, a year-on-year increase of 14.3%. This is mainly due to the optimization of product mix, which has led to an increase in the average selling price of products. In addition, service income reached 990,000 yuan, a year-on-year increase of 209.4%. This is mainly because value-added services including one-year extended warranty or lifetime warranty and Internet of Vehicles increase with the increase in vehicle ownership

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