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Geely Automobile 2012 Profit Up 32%


Geely Automobile Holdings (OTC: GELYY) reported a 32% increase in its 2012 net profit.

Geely Automobile's net profit for the year surged to 2.04 billion yuan ($328 million), from CNY1.54 billion, in the year-ago period.

Its domestic sales came in flat at 381,575 vehicles.

Geely Automobile shares closed at $9.48 yesterday.


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