Li Auto Q4 Earnings Smashes Estimates
Li Auto Inc (NASDAQ:LI) reported fourth-quarter FY21 sales growth of 156% year-on-year, to $1.67 billion, beating the consensus of $1.59 billion. Vehicle sales increased 155.7% Y/Y to RMB10.38 billion ($1.63 billion) with a vehicle margin of 22.3%, a 520 basis points Y/Y expansion. Gross profit for the quarter jumped 228.5% Y/Y to RMB2.38…
Benzinga ·