Chinese electric car manufacturer BYD reports 33 percent increase in profits
BEIJING (Reuters) – Chinese electric vehicle maker BYD on Wednesday reported a 32.8% rise in second-quarter net profit, the fastest growth since the end of 2023, despite weakening spending on expensive products in the world’s largest auto market. Net profit reached 9.1 billion yuan ($1.3 billion) in the April-June quarter, while sales rose 25.9 percent […]
