Movement Alert｜BYD COMPANY Rises 3.22% in Regular Trading, Profit Rebounded in the Third Quarter and October Sales Increased

Market Focus11-02 11:46

On November 2, BYD COMPANY rose 3.22% in Regular Trading, trading at HK$70.45, with turnover of HK$774 million.

The move followed fresh disclosures showing third-quarter profit recovery and higher October vehicle sales. BYD reported third-quarter revenue of RMB221.49 billion and net profit attributable to shareholders of RMB10.02 billion, up 13.59% and 28.08% year over year, respectively. For the first nine months, revenue was RMB566.30 billion, while operating cash flow rose 33.36% to RMB54.47 billion. Separately, October new energy vehicle sales increased to 490,168 units from 441,706 a year earlier, with production rising to 488,104 units. The data reinforced the view that overseas volume growth and product mix upgrades are supporting earnings repair even as domestic market competition remains intense.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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