Geely Automobile Holdings Ltd

00175: XHKG (HKG)
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Geely Earnings: Decent Margin Expansion and Rebound in Vehicle Pricing

Geely reported 15% year-on-year revenue growth and an 180-basis-point improvement in gross margin for the first quarter. However, due to the currency headwind from higher export sales, net profit decreased 27% year on year.

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