Geely Automobile Holdings Ltd
BRIEF: For the fiscal year ended 31 December 2012, Geely Automobile Holdings Ltd. revenues increased 17% to RMB24.63B. Net income increased 32% to RMB2.04B. Revenues reflect Automobiles and related parts and components segment increase of 19% to RMB23.92B, Europe segment increase from RMB595M to RMB1.78B, PRC segment increase of 2% to RMB19.3B. Net income benefited from Share-based Payments decrease of 43% to RMB78.8M (expense).
Geely Automobile Holdings Limited is an investment holding company. The Company, along with its subsidiaries, is engaged in the research, production, marketing and sales of sedans and related automobile components in the People’s Republic of China (PRC). The Company operates in two segments: automobiles and related parts and components segment, engaged in the manufacture and sale of automobiles, automobile parts and related automobile components, and gearboxes segment, engaged in the manufacture and sale of gearboxes. The Company’s subsidiaries include Centurion Industries Limited, Value Century Group Limited, Geely International Limited, Zhejiang Fulin Guorun Automobile Parts & Components Co., Ltd., Linkstate Overseas Limited, Luckview Group Limited and Luck Empire Investment Limited, among others.
