EconomyBYD posts US$1.2 billion second-quarter profit on surging global demand

Chinese electric vehicle maker BYD reported second-quarter net income of 8.2 billion yuan (US$1.2 billion), up 30 per cent from a year earlier. Strong overseas sales and premium models improved its net margin and profitability, ending a five-quarter losing streak and beating the 8 billion yuan consensus estimate.

BYDelectric vehiclesquarterly profit

SSouth China Morning Post★★★☆☆2026-08-28 14:11Original