Li Auto Swings to Loss on Sharply Lower Sales

2025-11-26 09:54

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Li Auto Swings to Loss on Sharply Lower Sales

By Jiahui HuangShareResizeListen(2 min)Li Auto swung to a third-quarter net loss of 625.0 million yuan, equivalent to $88.2 million, from net profit of 2.81 billion yuan a year earlier. ramil sitdikov...

Jiahui Huang

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Li Auto swung to a third-quarter net loss of 625.0 million yuan, equivalent to $88.2 million, from net profit of 2.81 billion yuan a year earlier. ramil sitdikov/Reuters

Li Auto LI 1.10%increase; green up pointing triangle reported its first quarterly net loss in three years as the Chinese carmaker faced significant sales pressure and slowing demand.

The company swung to a third-quarter net loss of 625.0 million yuan, equivalent to $88.2 million, from net profit of 2.81 billion yuan a year earlier, it said Wednesday. The result missed the 439.8 million yuan profit estimate in a Visible Alpha poll.