EV maker BYD triples half-year profit

By Agence France-Presse

Aug 30, 2023 12:17 am

BEIJING: BYD, China's leading electric carmaker, said on Monday its half-year net profit had tripled based on record demand.

BYD posted a net profit of 10.95 billion yuan ($1.5 billion) for the January-June period, up almost 205 percent year on year, the group said in a statement to the Hong Kong Stock Exchange.

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