China's BYD H1 Profit Rises 204.7% As Deliveries Break Record

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China's BYD H1 Profit Rises 204.7% As Deliveries Break Record

Reuters2023-08-28

BEIJING, Aug 28 (Reuters) - China's BYD Co Ltd on Monday said first-half profit jumped 204.7% as the new energy vehicle maker broke its delivery record and retained its crown as China's biggest-selling auto brand.

January-June net earnings reached 10.95 billion yuan ($1.50 billion), up 204.7% from 3.6 billion yuan a year earlier, on a 72.7% rise in revenue at 260.12 billion yuan, BYD said in a stock market filing.

($1 = 7.2928 Chinese yuan renminbi)

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