Buffett-Backed EV Maker BYD's Profit Grew 111% In First Quarter
BYD reported 237.4 million yuan ($36.61 million) net profit in the first three months this year.
Follow us on
Highlights
Chinese electric vehicle maker BYD Co Ltd, which is backed by U.S. investor Warren Buffett, on Wednesday reported growth of 110.7% in first-quarter net profit.
BYD reported 237.4 million yuan ($36.61 million) net profit in the first three months this year, up from 112.6 million yuan a year earlier. Its revenue grew 108% year-on-year to 41 billion yuan in the first quarter.
Stay updated with automotive news and reviews right at your fingertips through carandbike.com's Google News
Related Articles
BYD Xia Hybrid Luxury MPV Interior Revealed
BYD Seal Performance Gets Rs 2 Lakh Discount As Part Of Festive Offer
BYD eMAX 7: Variants, Features, Prices Explained
BYD eMAX 7 Electric MPV Launched In India; Prices Start From Rs 26.90 Lakh
BYD eMAX 7 Launch Highlights: Price, Features, Specifications, Images
Latest News
Royal Enfield Goan Classic 350 vs Classic 350: Differences Explained
Hyundai Ioniq 9 Electric SUV Revealed: 3 Rows Of Seats, 620 Km Range
Honda’s Electric Scooter For India To Feature Two Swappable Batteries
Royal Enfield Goan Classic 350: In Pictures
Royal Enfield Goan Classic 350 Unveiled; Launch On November 23
Stellantis Unveils New STLA Frame Architecture For Body-On-Frame SUVs, Pick-Up Trucks
Brixton Cromwell 1200, Cromwell 1200 X: In Pictures
Jeep Wrangler 4Xe Willys 41 Unveiled; Pays Homage To Iconic Willys Jeep
Lexus ES Facelift Unveiled At 2024 Guangzhou Auto Show
Brixton Crossfire 500 X, Crossfire 500 XC: In Pictures
- Home
- News
- Auto Industry
- Buffett-Backed EV Maker BYD's Profit Grew 111% In First Quarter
