BYD Electronic (International) Company Limited reported that revenue for the three months ended 31 March 2026 edged up 3.53% year on year to RMB 38.18 billion. However, gross profit contracted 14.35% to RMB 1.99 billion, and profit attributable to owners of the parent nosedived 95.53% to RMB 27.83 million. Basic and diluted earnings per share slid to RMB 0.01 from RMB 0.28 in the prior-year period.
Management attributed the steep profit decline primarily to foreign-exchange losses stemming from currency fluctuations and to changes in product structure that squeezed margins.
On the balance-sheet front, total assets fell 4.57% versus end-2025 to RMB 79.79 billion, while total liabilities dropped 7.79% to RMB 45.34 billion. Net assets remained broadly stable at RMB 34.45 billion.
The first-quarter figures are unaudited and drawn from the Group’s internal management accounts; they have been reviewed by the audit committee but not by external auditors. The company cautioned investors to exercise care when dealing in its shares and to seek professional advice if in doubt.
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