Since AutoWallis listed its shares, its revenue has quadrupled, and its profits have grown by a factor of 10, supported by acquisitions and organic growth, the company said in a press release.
Since the listing, AutoWallis has raised HUF 48 billion from the capital market, made more than 10 acquisitions, and boosted the number of brands it represents from nine to 23.
Recognizing the increasing popularity of Asian brands, AutoWallis was among the first to enter into partnerships with Chinese brands such as BYD and MG, the iconic British marque once famous for its open two-seater sports cars that now belong to Chinese state-owned automaker SAIC Motor Corporation.
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