2H22E net profit to almost double HoH
A breakthrough in the innovative business and an increase in profitability from a diversified product portfolio
1H24 profit alert points to solid 2Q results
Surging PHEV sales at cost of FY23E net profit
Geely Automobile (175 HK) 2H22E net profit to almost double HoH
–Little sign of profit turnaround after 2Q23 miss
Serviced counters as a profitability lever in grocery retail
Still no sign of turning profitable
Bank Profits and Bank Taxes in the EU
–2Q23 net profit +81% but largely due to low base & FX gain; Staying cautious on export
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