BYD's Q1 Profit Slips 55%

MT Newswires Live04-28 21:37

BYD (HKG:1211, SHE:002594) recorded a 55% decline in attributable profit in the first quarter of 2026 to 4.08 billion yuan from 9.15 billion yuan a year prior, according to a Tuesday Hong Kong bourse filing.

Earnings per share slipped to 0.448 yuan from 1.0391 yuan in the corresponding period of the previous fiscal year.

The Chinese carmaker's operating revenue slid 12% to 150.2 billion yuan from 170.4 billion yuan in the year-ago period.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment