Wire2026 04 28Byd China S Ev King Posts A 55 Slump In First Quarter Profit
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BYD, China’s EV king, posts a 55% slump in first-quarter profit

China’s electric vehicle (EV) king BYD reported a slump in first-quarter net profit as weakness in its domestic market outweighed rising exports. The mainland’s largest and most profitable EV maker reported a net profit of nearly 4.09 billion yuan (US$590 million) for the first t

First seen · 11:44 AM UTCApril 28, 2026

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