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Geely beats forecasts as Volvo pays dividends

China Daily | Updated: 2017-08-17 08:49

SHANGHAI - Geely Automobile Holdings Ltd reported on Wednesday that first-half profits have more than doubled.

The Chinese company saw its fastest earnings growth in eight years, as cars designed with its Swedish unit Volvo won over domestic consumers.

Although known at one point for its sparse designs, the Hangzhou-based manufacturer now has up-market aspirations.

Geely beats forecasts as Volvo pays dividends

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