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  • Geely profits halved because of China's Covid restrictions

Geely profits halved because of China's Covid restrictions

CHINESE automaker Geely said its profits had more than halved as a semiconductor shortage and Covid restrictions hit demand for vehicles and disrupted production, reports London's Financial Times.Pre-tax profits dropped 55 per cent to CNY1.3 billion (US$191 million) in the first six months of...

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