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Geely Auto Reports Soaring Q1 2024 Profits

Geely Auto Reports Soaring Q1 2024 Profits

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

Geely Automobile Holdings Limited reported an impressive start to 2024 with a 49% increase in sales volume and a 56% surge in revenue for the first quarter, compared to the same period in the previous year. The company’s profit attributable to equity holders more than doubled, marking a sharp 119% rise. This robust performance underscores the company’s substantial growth and successful optimization of its product structure amidst a challenging market.

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

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Questions or Comments about the article? Write to editor@tipranks.com
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