BYD Increases Net Profit by 11.5% in Q3

Forex - BYD continued its strong sales momentum with the help of government incentives, recording an 11.5% increase in net profit for the third quarter. In the company's stock exchange announcement, it was stated that net profit rose to 11.6 billion yuan in the July-September quarter, while revenue increased by 24% year-on-year to reach 201.1 billion yuan. In the first nine months, net profit increased by 18.1% to 25.2 billion yuan.