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
11:11
Man sent to trial for incitement to violence and hatred on social networks against Jews, Romanians, and the PSD
11:07
Romania's gas deposits are filled to 62.77%. Stocks are below the level of the last two years.
11:05
Romania reduced the trade deficit by 2% in the first half of the year
10:51
Devastating forest fire in Canada: an 80-year-old woman died during evacuation
10:34
New heatwave alerts in Romania: orange and yellow codes valid until Wednesday
See more news