HONG KONG, April 28 (Reuters) - Chinese car maker Geely Automobile Holdings Ltd. said on Thursday its 2004 net profit rose 47 percent as it stepped up investment in the world's fastest growing auto market.
Geely, which makes low-priced vehicles under its own brand through associates, achieved only 73 percent of its revised sales target last year as growth skidded in the Chinese car market.
It posted worse-than-expected net profit of HK$84 million (US$10.77 million) for ...
Sign in to access
this Article
"Geely yr net up 47 pct, tapping China car mkt growth" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. To obtain Premium status, please contact us.
Why Become a Premium Subscriber?
WardsAuto.com Premium subscribers have access to the full breadth of Ward’s articles, news, analysis and features as well as all the Ward’s data and statistics as soon as they are available in Excel spreadsheet format. Learn more about the benefits of Premium access here.
