BYD's revenues fell by 8% after the first quarterly profit decline in the last three years, despite robust external sales.
Lara Maior
Economy
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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
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