Edition:
United States

Geely Automobile Holdings Ltd (0175.HK)

0175.HK on Hong Kong Stock

12.46HKD
28 Mar 2017
Change (% chg)

-- (--)
Prev Close
HK$12.46
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
71,272,989
52-wk High
HK$12.62
52-wk Low
HK$3.59

Latest Key Developments (Source: Significant Developments)

Geely Automobile says FY revenue rises 78 pct
Wednesday, 22 Mar 2017 12:05am EDT 

Geely Automobile Holdings Ltd <0175.HK> : fy net profit rmb5.11 billion versus rmb 2.26 billion . group's board of directors set its sales volume target for year of 2017 at 1 mln units, representing an increase of around 31% over 2016. . Fy revenue rmb 53.72 billion versus rmb 30.14 billion a year ago . "year 2017 appears to be another stellar year for group" .Board decides to recommend payment of a final dividend of hk$0.12 per ordinary share.  Full Article

Geely Automobile holdings says total sales volume for month of Jan is 102,653 units
Monday, 6 Feb 2017 03:38am EST 

Geely Automobile Holdings Ltd <0175.HK>: Total sales volume of group for month of January 2017 was 102,653 units, an increase of approximately 71% over same period last year .Group's exports volume was 994 units in January 2017, down around 51% from same period last year.  Full Article

Geely Automobile says Dec 2016 total sales volume 108,230 units
Thursday, 5 Jan 2017 03:34am EST 

Geely Automobile Holdings Ltd <0175.HK> : total sales volume of group for month of december 2016 reached 108,230 units . board set group's sales volume target for year of 2017 at 1 million units, representing an increase of around 31% over 2016 .group's exports volume was 1,382 units in december 2016, up around 70%.  Full Article

Volvo Cars issues SEK 5 bln in preference shares, mulling IPO
Tuesday, 20 Dec 2016 12:15am EST 

Geely-owned Volvo Car Group: Says has raised SEK 5 billion from the sale of preference shares to a group of Swedish institutional investors . Says today’s move is another step towards Volvo Cars’ long expressed ambition to act as a listed company . Says the preference shares may be repurchased or converted into listed ordinary shares upon the majority shareholder’s decision. At this time, no decision has been taken. . Says the issuance has been conducted to further diversify Volvo Cars' long term funding sources . Says the group of investors comprises two swedish pension funds, AMF and the first swedish national pension fund (AP1), and Folksam . Says it intends to set up a joint venture with Autoliv . Says the JV aims to design and manufacture separately-branded ad and driver assistance software technology packages for sale to third party OEMs (Stockholm Newsroom) ((stockholm.newsroom@thomsonreuters.com; +46 (0)8-700 10 10;)).  Full Article

Geely Automobile revises upward group's FY sales volume target
Tuesday, 11 Oct 2016 04:39am EDT 

Geely Automobile Holdings Ltd <0175.HK> :revise upward group's fy sales volume target from 660,000 units by around 6% to 700,000 units, which is up around 37% from year 2015.  Full Article

Geely Automobile's August total sales volume was 53,638 units, up 69 pct y-o-y<0175.HK>
Monday, 5 Sep 2016 04:33am EDT 

Geely Automobile Holdings Ltd <0175.HK>: Total sales volume of the group for August 2016 was 53,638 units, an increase of approximately 69% over the same period last year . Group's exports volume was 2,612 units in August 2016, up around 49% from the same period last year .  Full Article

Geely Automobile says HY net profit RMB1.91 bln versus RMB1.40 billion<0175.HK>
Thursday, 18 Aug 2016 12:08am EDT 

Geely Automobile Holdings Ltd <0175.HK>: Announcement of interim results for the six months ended 30 June 2016 <0175.HK> . HY revenue RMB 18.09 billion versus RMB 13.81 billion . HY net profit RMB 1.91 billion versus RMB 1.40 billion . Says directors resolved not to pay an interim dividend to the shareholders of the company . Business environment in the group's key export markets remains uncertain . The group's exports business could continue to face tremendous challenges in the remainder of 2016 . Management is of opinion that group's overall performance in 2016 should exceed original expectations set at beginning of the year . Decided to raise the group's full year sales volume target from 600,000 units by 10% to 660,000 units, which is up 29% from 2015" . Group could face foreign exchange risk, particularly in emerging markets if it had local subsidiaries, associates or joint ventures in overseas export markets" .  Full Article

Geely Automobile says group's total sales volume for July was 48,522 units<0175.HK>
Wednesday, 3 Aug 2016 07:29am EDT 

Geely Automobile Holdings Ltd <0175.HK>: The total sales volume of the group for the month of July 2016 was 48,522 units . Group's exports volume was 2,203 units in July 2016, down around 18% from the same period last year . Decided to revise upward our original full year sales volume target by 10% from 600,000 units to 660,000 units .  Full Article

Geely Automobile enters into Master disposal agreement<0175.HK>
Monday, 25 Jul 2016 08:04am EDT 

Geely Automobile Holdings Ltd <0175.HK>: Master disposal agreement with Geely Holding at an aggregate consideration of RMB1.35 billion . Entered into master disposal agreement with Geely Holding .Agreement to dispose of group's 50% and 45% interests in the kandi jv and the zhidou jv to Geely Holding.  Full Article

Geely Automobile announces unaudited sales volume for June 2016<0175.HK>
Wednesday, 6 Jul 2016 05:23am EDT 

Geely Automobile Holdings Ltd <0175.HK>: Total sales volume of the group for the month of June 2016 was 46,574 units . Group's exports volume was 955 units in June 2016, down around 50% from the same period last year .  Full Article

More From Around the Web

CORRECTED-Geely's Volvo says laboratory on fire, production unaffected

STOCKHOLM, March 28 A fire broke out on Tuesday in a building housing an auto battery laboratory at Geely-owned Volvo Car Group's plant in Gothenburg, in western Sweden, the company said.