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Geely Auto(00175) expects profit to rise 50% for 1H
11 Jul 2018
(Infocast News) Geely Automobile (00175) announced taht based on the currently available information, the Board wishes to inform the Shareholders and
potential investors that the Group is expected to record an increase of around 50% in its Net Profit for the six months ended 30 June 2018 as compared with the Net Profit of RMB4.34 billion for the six months ended 30 June 2017.

The Directors believe that the increase in the Net Profit for the six months ended 30 June 2018 is mainly attributable to the increase in sales revenue, as a result of the increase in overall sales volume and the improvement in product mix during the period.

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