Geely Profit Beats Estimates as Sales Approach Those of BYD

Geely Automobile Holdings Ltd.’s full-year profit beat analyst estimates and climbed to a record as China’s second-largest carmaker closed in on market leader BYD Co.’s sales, thanks to the popularity of its EX2 hatchbacks and Zeekr sport utility vehicles.

Net income rose to 16.85 billion yuan ($2.4 billion) in 2025, compared with 16.81 billion yuan the previous year, the Hong Kong-listed arm of billionaire Li Shufu’s auto empire said in a statement Wednesday. That topped the 16.5 billion yuan average of 31 analyst estimates compiled by Bloomberg. Revenue climbed 25% to 345.2 billion yuan.