PETALING JAYA: Record profits by China’s Geely Automobile Holdings Ltd has spurred optimism for national carmaker Proton, which is in need of a revival.
Geely saw its first half 2017 net profit jump 128% to 4.34 billion yuan (RM2.8bil). With sales jumping 89% in the first six months of this year, the company has raised its 2017 sales target by 10% to 1.1 million vehicles.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!