Geely misses target

• Source: Global Times
• [09:05 March 24 2011]
• Comments

Geely Automobile Holdings said on Wednesday that net profit fell 4 percent in the second half of 2010 despite record sales.

Geely, whose parent bought Ford's Volvo Car unit last year, posted a July-December net profit of 563.6 million yuan ($85.9 million).

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