China: Geely sets 2010 sales target at 400,000 units

Geely Automobile Holdings has reported 2009 revenue of Yuan 14.069bn (US$2.06bn), up 228% from the Yuan 4.289bn reported in 2008. Gross profit for the year was Yuan 2.541bn, a margin of 18.1% (2008: Yuan 651.3m – 15.2%) while pre-tax earnings amounted to Yuan 1.551bn, up from the Yuan 917.9m reported Subscribe to Automotive World to … Continued

Geely Automobile Holdings has reported 2009 revenue of Yuan 14.069bn (US$2.06bn), up 228% from the Yuan 4.289bn reported in 2008. Gross profit for the year was Yuan 2.541bn, a margin of 18.1% (2008: Yuan 651.3m – 15.2%) while pre-tax earnings amounted to Yuan 1.551bn, up from the Yuan 917.9m reported

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