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BYD’s Q1 Net Profit Increases 241% Year-on-Year
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BYD’s Q1 Net Profit Increases 241% Year-on-Year

Apr 29, 2022
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BYD’s Q1 Net Profit Increases 241% Year-on-Year
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(Source: BYD)

Chinese electric vehicle maker BYD released its financial report for the first quarter of 2022 on Wednesday. The company garnered a revenue of 66.825 billion yuan ($10.2 billion) in the first quarter of 2022, a year-on-year increase of 63.02%, while its net profits were 808 million yuan, a year-on-year increase of 241%.

In the previous earni…

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