BYD Posts 11% Higher Q3 Profit; Shares Down 3%

MT Newswires Live

2024/10/31

BYD (HKG:1211, SHE:002594) reported a net profit attributable to shareholders of 11.61 billion yuan, 11% higher than the prior-year quarter, according to a Thursday filing with the Hong Kong bourse.

Earnings per share were 4.0 yuan, 12% higher than a year ago.

The carmaker's operating revenue was 201.12 billion yuan, a 24% increase from the previous year's quarter.

The company's stocks were down 3% on the Shanghai, Hong Kong bourses recently.

Price (HKD): $292.20, Change: $-6.6, Percent Change: -2.21%

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