Seeking Alpha

BYD's profit jumps, sees soft Q3

  • BYD Co. (BYDDF.PK) reports H1 net income of 427M yuan, +2,524%.
  • Auto sales +24.7% to 250K units, vs. 12.3% industry-wide growth.
  • Sees Q3 net income of 3-50M yuan. "The automotive industry is in its weak season in the third quarter," BYD said in its press release.
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