The revenue of ideal car in the first quarter was 18.79 billion yuan, an increase of 96% over the same period last year.

FAP, May 10 (Xinhua)-- the revenue of ideal Automobile in the first quarter was 18.79 billion yuan, an increase of 96 percent over the same period last year, and is estimated to be 18.68 billion yuan. Ideal expects second-quarter revenue of 24.22 billion yuan to 25.86 billion yuan, a year-on-year increase of 177.4-196.1%. Ideal car delivery in the first quarter was 52600, an increase of 66% over the same period last year, with an estimated 53400. Ideal said its first-quarter NON-GAAP net profit was 1.41 billion yuan, up 196% from a year earlier. Ideal said it expected to deliver 76000-81000 vehicles in the second quarter, an increase of 164.9-182.4% over the same period last year.