Geely records high earnings in 2018


(MENAFN) Chinese car company Geely has reported fast revenue and profit growth in 2018.

The company has gained 106.6 billion yuan in revenue last year, up 15 percent year on year.

The net profit attributable to shareholders saw an 18-percent increase to 12.55 billion yuan in 2018.

Although the country has seen a 4-percent decline in the passenger vehicle market last year, the company continued to increase its market share and its leading position in China's passenger vehicle segment.

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