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Geely Auto Beats Profit Forecasts As Exports Soar

Geely Automobile Holdings has reported 2012 revenue and profit results exceeding consensus estimates, reflecting soaring exports (+157% year-on-year) that more than made up for flat sales in China which resulted from more intense competition. Revenue in 2012 totalled Yuan 24,627.9m (US$3.92bn), a gain of 17.5% from the previous year’s total of Subscribe to Automotive World … Continued

Geely Automobile Holdings has reported 2012 revenue and profit results exceeding consensus estimates, reflecting soaring exports (+157% year-on-year) that more than made up for flat sales in China which resulted from more intense competition.

Revenue in 2012 totalled Yuan 24,627.9m (US$3.92bn), a gain of 17.5% from the previous year’s total of

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https://www.automotiveworld.com/articles/geely-auto-beats-profit-forecasts-as-exports-soar/

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