On May 20th, Ideal Automobile released its financial report, showing a revenue of 25.6 billion yuan in the first quarter of this year, a year-on-year increase of 36.4%; The adjusted net profit is 1.3 billion yuan (after deducting equity incentive expenses); The gross profit margin is 20.6%.
In addition, in the first quarter of this year, the delivery volume of Ideal Automobile exceeded 80000 units, a year-on-year increase of 52.9%.