BYD boosts net profit despite hefty 'price war' discounts - TimesLIVE

Aug 29, 2024  · BYD's net profit hit 9.1 billion yuan (R23.08bn) in the April-June quarter, up 32.8% from a year earlier and its fastest growth since end-2023, while revenue grew 25.9% to 176.2 …


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BYD Boosts Net Profit Despite Hefty 'price War' Discounts - TimesLIVE

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Aug 29, 2024  · BYD's net profit hit 9.1 billion yuan (R23.08bn) in the April-June quarter, up 32.8% from a year earlier and its fastest growth since end-2023, while revenue grew 25.9% to 176.2 …

timeslive.co.za

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Chinese EV Maker BYD Boosts Net Profit Despite Discounts - Yahoo …

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Aug 28, 2024  · BYD's net profit hit 9.1 billion yuan ($1.3 billion) in the April-June quarter, up 32.8% from a year earlier and its fastest growth since end-2023, while revenue grew 25.9% to …

yahoo.com

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BYD's Net Profit Up 11.5%, Revenue Beats Tesla For First Time

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Oct 31, 2024  · Chinese electric vehicle maker BYD posted an 11.5% rise in third-quarter net profit on Wednesday as it maintained strong sales momentum helped by government trade-in …

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Chinese EV Maker BYD Boosts Net Profit Despite Discounts

4 weeks from now

Aug 28, 2024  · BYD's net profit hit 9.1 billion yuan ($1.3 billion) in the April-June quarter, up 32.8% from a year earlier and its fastest growth since end-2023, while revenue grew 25.9% to …

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Chinese EV Maker BYD's Net Profit Up 11.5% - Yahoo Finance

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Oct 31, 2024  · Chinese electric vehicle maker BYD posted an 11.5% rise in third-quarter net profit on Wednesday as it maintained strong sales momentum helped by government trade-in …

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BYD Reports Strong Q3 Growth With 11.5% Profit Increase

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Oct 31, 2024  · Chinese electric vehicle (EV) manufacturer BYD announced an 11.5% increase in net profit for the third quarter of 2024, fueled by strong sales and government trade-in …

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Chinese EV Maker BYD's Net Profit Up 11.5% | Reuters

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Oct 30, 2024  · Chinese electric vehicle maker BYD posted an 11.5% rise in third-quarter net profit on Wednesday as it maintained strong sales momentum helped by government trade-in …

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BYD's Profit Rose Despite Price Cuts - Morningstar

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Apr 29, 2024  · Revenue rose 4.0% on-year to CNY124.94 billion, despite price cuts throughout the quarter by carmakers including BYD and Tesla amid slowing demand. Sales of BYD's …

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BYD's Net Profit Surges By 11.5%, Revenue Overtakes Tesla For First ...

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Oct 30, 2024  · BYD overtakes Tesla: Chinese electric vehicle maker BYD posted an 11.5 per cent rise in third-quarter net profit on Wednesday as it maintained strong sales momentum helped …

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BYD's First-Half Profit Rose On Strong EV Sales Despite

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Aug 28, 2024  · Its revenue rose 16% to 301.13 billion yuan, thanks to robust sales of its EV models despite slowing Chinese auto demand. BYD said its gross profit margin increased to …

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Chinese EV Maker BYD's Net Profit Up 11.5% - Investing.com

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Oct 30, 2024  · Net profit rose to 11.6 billion yuan ($1.63 billion) in the July-September quarter, the company said in a stock exchange filing. For the first nine months, net profit was up 18.1% to …

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Leaked Email Signals BYD’s Plan To Heat Up EV Price War

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Nov 27, 2024  · In the July-September quarter, BYD’s net profit rose to 11.6 billion yuan ($1.63 billion). Also, third-quarter revenue was up 24% on year $28.24 billion, which outpaced major …

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Chinese EV Maker BYD Boosts Net Profit Despite Discounts

4 weeks from now

BYD's net profit hit 9.1 billion yuan ($1.3 billion) in the April-June quarter, up 32.8% from a year earlier and its fastest growth since end-2023, while revenue grew 25.9% to 176.2 billion yuan ...

investing.com

FAQs about BYD boosts net profit despite hefty 'price war' discounts - TimesLIVE Coupon?

How did BYD perform in April-June quarter?

BYD's net profit hit 9.1 billion yuan ($1.3 billion) in the April-June quarter, up 32.8% from a year earlier and its fastest growth since end-2023, while revenue grew 25.9% to 176.2 billion yuan, it said in a stock exchange filing. ...

Did government trade-in incentives boost BYD's third-quarter profit?

BEIJING (Reuters) - Chinese electric vehicle maker BYD posted an 11.5% rise in third-quarter net profit on Wednesday as it maintained strong sales momentum helped by government trade-in incentives. Net profit rose to 11.6 billion yuan ($1.63 billion) in the July-September quarter, the company said in a stock exchange filing. ...

Why did BYD (002594 SZ) gain 11.5% in third-quarter profit?

Chinese electric vehicle maker BYD (002594.SZ) posted an 11.5% rise in third-quarter net profit on Wednesday as it maintained strong sales momentum helped by government trade-in incentives. Net profit rose to 11.6 billion yuan ($1.63 billion) in the July-September quarter, the company said in a stock exchange filing. ...

How did BYD perform in the first nine months?

For the first nine months, net profit was up 18.1% to 25.2 billion yuan. Third-quarter revenue up 24% on year to 201.1 billion yuan ($28.24 billion), the first obvious win for BYD on quarterly revenue versus Tesla since the Chinese automaker stopped producing gasoline engine vehicles in 2022. ...

How did BYD perform in Q2?

BEIJING (Reuters) -Chinese electric vehicle maker BYD reported improved net profits in the second quarter thanks to its extended market leadership, even though it led a protracted price war with aggressive discounts on its best-selling models. ...

Why did BYD gain 11.5% in third-quarter net profit?

BEIJING, Oct 30 (Reuters) - (This Oct. 30 story has been refiled to clarify BYD's revenue win in paragraph 3) Chinese electric vehicle maker BYD (002594.SZ) posted an 11.5% rise in third-quarter net profit on Wednesday as it maintained strong sales momentum helped by government trade-in incentives. ...

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