Geely Auto Reports Soaring Profits and Revenue
Company Announcements

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.

For further insights into HK:0175 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskGeely Subsidiary ZEEKR Posts Q2 2024 Results
TipRanks HongKong Auto-Generated NewsdeskGeely Sets New Sales Agreements for Expansion
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!