BYD Co., Ltd.: Net profit more than doubled in the first three quarters, reaching 21.367 billion yuan

BYD Co., Ltd. released its third quarter report today. According to the report, third quarter revenue reached 162.151 billion yuan, a year-on-year increase of 38.49%. The net profit attributable to shareholders of the listed company was 10.413 billion yuan, a year-on-year increase of 82.16%

The company achieved operating income of 422.275 billion yuan in the first three quarters, a year-on-year increase of 57.75%;realized net profit attributable to the parent company of 213.67 billion, a year-on-year increase of 129.47%. The performance table attached to this site is as follows:

BYD Co., Ltd. officially stated that revenue growth was mainly due to the growth in sales of new energy vehicles.

BYD Electronics’ revenue in the first nine months of this year was 92.14 billion yuan, a year-on-year increase of 29.5%; net profit in the first nine months was 3.04 billion yuan, compared with 1.237 billion yuan in the same period last year, a year-on-year increase of 146.1%.

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