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Geely Reported Net Profit Of CNY8.19 Billion In 2019

Geely Automobile Holdings Limited recently published its annual performance report for 2019, stating that the company made net profit of CNY8.19 billion in 2019, which was a decrease of CNY4.3 billion compared with 2018.

The report showed that Geely's earning per share was CNY0.9, a decrease of about 35% compared with the previous year.

In regards of sales, Geely's total revenue in 2019 was CNY97.4 billion, a year-on-year decrease of CNY9.1 billion; and its car sales decreased by 139,278 units compared with those of 2018.

Geely Automobile currently has eight sub-brands, including Geely, Lynk&Co, Volvo, Polestar, Proton, Lotus, LEVC, and Yuancheng.

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