tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Geely Automobile’s Stocks Soar with Robust Q3 Growth

Geely Automobile’s Stocks Soar with Robust Q3 Growth

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

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Geely Automobile Holdings announced impressive growth for the first three quarters of 2024, with sales volume surging by 32% and revenue increasing by 36% year-on-year. The company’s profit attributable to equity holders skyrocketed by 358% to RMB13.1 billion, showcasing the success of its robust production and sales strategies. This strong performance highlights Geely’s ability to outperform the market with its innovative product offerings.

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1