BYD’s Net Profit in the First Six Months Reached ¥1.4 Billion, a Year-on-Year Growth of 203%
by Carol 2019-08-22
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BYD released its semi-annual financial report: it took in ¥62.184 billion in the first half of 2019, a year-on year growth of 14.84%, with a net profit of ¥1.455 billion representing a year-on-year growth of 203.61%. Its new energy vehicle business took in around ¥25.448 billion, growing 38.77% year-on-year, with its share of BYD’s total revenue increasing to 40.92%. It is estimated that BYD’s net profit in January to September will stand at ¥1.555 billion to ¥1.755 billion, a year-on-year increase of 1.83% to 14.93%.