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XPeng's Losses Widened as Higher Costs Offset Jump in Car Sales

XPeng's Losses Widened as Higher Costs Offset Jump in Car Sales
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

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XPeng 3Q Rev CNY8.53B Vs. CNY6.82B >XPEV

By Ben Otto XPeng's losses widened in the third quarter, even as vehicle sales jumped and the Chinese electric-car maker forecast a near-doubling of revenue. ....

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Xpeng Motors continues restructuring, shifting focus back to dealership: report · TechNode

Xpeng Motors continues restructuring, shifting focus back to dealership: report · TechNode
technode.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from technode.com Daily Mail and Mail on Sunday newspapers.

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Xpeng Higher on EV Producer's Stronger-Than-Expected Results

Xpeng Higher on EV Producer s Stronger-Than-Expected Results
Xpeng s first-quarter sales leaped to 2.95 billion yuan (US$450.4 million), topping the analyst consensus of 2.67 billion yuan.
Author:
Xpeng (
XPEV) - Get Report shares rose Thursday after the Chinese electric-vehicle maker reported stronger-than-expected first-quarter results, including a sevenfold surge in revenue.
The Guangzhou company s net loss widened to 786.6 million yuan (US$120.1 million), or 0.99 yuan a share, from 649.8 million yuan, or 5.16 yuan a share, in the year-earlier quarter.
The adjusted net loss expanded to 696.3 million yuan (US$106.3 million), or 0.88 yuan a share, from 644.8 million yuan, or 3.56 yuan per share, a year earlier.
The analyst consensus called for an adjusted net loss of 797.6 million yuan in the latest quarter. ....

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