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BYD Q1 Revenue Drops 55 Percent

Zhihu Shenzhen 14d14d Impact 6
BYD reported first-quarter revenue of 150.2 billion yuan, representing a figure for the period. Net profit for the quarter reached 4.085 billion yuan. Net profit was 4.085 billion yuan, a 55.38% year-on-year decrease, with basic earnings per share at 0.4480 yuan. BYD sold more than 300,000 vehicles in the first quarter, representing a 56 percent increase. The company aims to sell 1.5 million vehicles outside of China this year. The company noted that rising fuel prices may drive consumers toward electric vehicles as an attractive alternative. This trend is expected to assist the automaker in meeting sales targets. The report was discussed in the context of ongoing competition in the electric vehicle market. Revenue was 150.2 billion yuan with a net profit of 4.085 billion yuan and EPS of 0.4480 yuan.

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BYD earnings automotive

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Sources · 7 independent

Zhihu

“比亚迪一季度营业收入 1502 亿元,净利润 40.85 亿元”

Zhihu Trending

“比亚迪一季度营业收入 1502 亿元,净利润 40.85 亿元”

Zhihu Trending

“净利润 40.85 亿元”

Zhihu

“净利润 40.85 亿元”

CLS Finance China

“OpenAI增长疑云引发科技股回调”

Zhihu

“比亚迪一季度营业收入 1502 亿元”

Zhihu

“比亚迪一季度营业收入 1502 亿元,净利润 40.85 亿元 | 界面新闻 · 快讯”

BNR Nieuwsradio

“gestegen met 56 procent in het eerste kwartaal. Meer dan 300.000 auto's. ... Het doel is wel om dit jaar anderhalf miljoen auto's buiten China te gaan verkopen.”

BNR Nieuwsradio

“Biberdy zegt zelf ook bij de presentatie van deze cijfers het effect van die gestegen brandstofprijzen en waarschijnlijk dus dat meer mensen de elektrische auto een een aantrekkelijk alternatief vinden”

Zhihu

“亿元,同比减少 55.38%;基本每股收益 0.4480 元。比亚迪一季度营业收入 1502 亿元,净利润 40.85 亿元”

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