Search Results for "Geely Auto"

Geely Auto announced that it handed over 1,241,104 vehicles in 2017, setting another sales record. At the same time, the Hangzhou-based automaker set its annual sales target at 1.58 million, jumping 27 percent compared with 2017.

Stimulated by the excellent performance, stock price for Geely Auto jumps 5.66% to HKD 26.15, only HKD 1.6 lower than the historical high. The stock market value also increases HKD 12.6b to HKD 234.5b till the market closing time.

Geely released its semi-annual report on August 16th showing that the group has total revenue of RMB 39.42b in the reporting period with a year-on-year growth of 118%. The allocable profit is RMB 4.34b, increasing 128% year-on-year.