BYD's revenues fell by 8% after the first quarterly profit decline in the last three years, despite robust external sales.
Lara Maior
Economy
bangoland / Shutterstock.com
Always see our news on Google
BYD reported a 30% decrease in net profit in the April-June 2025 quarter, reaching 6.36 billion yuan. Price reductions affected the operating margin, and the company attributed the profit decline to harmful industry practices. Although external revenues increased by 50%, research and development expenses rose by over 50%, indicating a focus on innovation. Analysts estimate a possible recovery of the profit margin, but below the level of 2024, with annual sales of approximately 5.1 million vehicles for 2025.
Sources
Scăderea profitului BYD arată că nici măcar liderul automobilelor electrice nu este scutit de războiul preţurilor
BYD shares slide as China's EV price war hits profits
Profitul BYD scade pentru prima dată în trei ani și jumătate, sub presiunea războiului prețurilor din China
Profitul producătorului chinez BYD scade pentru prima dată în 3 ani şi jumătate, pe fondul războiului preţurilor din China
Latest News
20:52
The interim Minister of Defense, Radu Miruță, requests the urgent adoption of the law against disinformation, blocked in the Chamber of Deputies.
20:40
Protest in Victory Square, eight years after the demonstrations of August 10. Participants demand the punishment of those responsible and the acceleration of judicial procedures.
20:20
Cseke Attila states that UDMR supports the formation of a "large coalition" to ensure a government with full powers and to prevent the "extreme" from accessing governance.
20:06
The Romanian Army will receive equipment produced in the country, announces Minister Radu Miruță.
19:49
A radio station in Great Britain mistakenly announced the death of King Charles III. The media authority classified the information as a "significant inaccuracy."
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
