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Technology Stocks : "NIO, XPEV, LI, BYD.. China's Quads
BYDDF 12.96-0.6%Oct 31 9:30 AM EST
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From: roto4/26/2025 5:59:58 AM
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BYD's quarterly profit surges at fastest pace in nearly two years
By Reuters
April 25, 20259:54 PM GMT+8Updated 12 hours ago

It was the fastest pace in nearly two years for the Chinese electric vehicle giant.



BYD's quarterly profit surges at fastest pace in nearly two years

  • Summary
  • Companies

  • Q1 net profit jumps 100.4% to 9.2 billion yuan
  • Company had estimated profit of 8.5-10 billion yuan
  • BYD has launched a price war for smart EVs


BEIJING, April 25 (Reuters) - BYD's (002594.SZ), opens new tab first-quarter profit leapt 100.4% from a year earlier, the fastest pace in nearly two years, as the Chinese electric vehicle giant extends its lead in its competitive home market after launching a smart EV price war.
Net profit totalled 9.2 billion yuan ($1.26 billion), a stock filing showed on Friday, compared with the company's earlier estimate of 8.5 billion yuan to 10 billion yuan.

reuters.com

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