17
Oct
06:33
Leap Auto's Q3 gross margin turns positive
Chinese intelligent electric vehicle company Leap Auto recently released its third quarter report. According to this report, its gross margin became positive in Q3, Kallanish learns.
Leap Auto reports a 1.2% gross margin for Q3 2023. For the first half of 2023, its gross margin was still negative at -5.9%. Although its gross margin was negative throughout 2022, it has been continuously improving. It was -44.3% for fiscal 2021, -15.4% for fiscal 2022, -26% fo…
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Anonymous
Very good overview of the weekly steel market.
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