29
Aug
08:01
BYD posts over 90% increase in vehicle unit revenue in H1
Chinese battery manufacturer and electric vehicle giant BYD said revenue from its automobile unit rose 91.1% in the first half of the year to CNY 208.82 billion ($28.65 billion).
The H1 earnings results also show the group’s total revenue increased 72.7% on-year to CNY 260.12 billion, of which its vehicle-related business accounted for 80%. The company posted a net profit of CNY 10.95 billion in the six-month period – a surge of 204.7% on-year, Kallani…
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Anonymous
Very good overview of the weekly steel market.
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