Geely Auto Reports Soaring Profits and Revenue

Geely Automobile Holdings (HK:0175) has released an update.

Geely Automobile Holdings Limited reported a staggering 575% increase in profit attributable to equity holders for the first half of 2024, with a 47% rise in revenue and total sales volume up by 41% compared to the same period last year. Despite the significant financial growth, the company decided not to pay an interim dividend, mirroring its decision from the previous year. These results underscore Geely’s robust performance and growing demand in the automobile market.

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