BYD: it is estimated that the net profit of returning home in the first half of the year is 10.5 billion-11.7 billion yuan, an increase of 192.05% and 225.43% over the same period last year.

Thanks to the CTOnews.com netizen Mr. Air,-Hanjiang Snow -, the trumpet delivery of a salted fish! According to CTOnews.com news on July 14, BYD today issued a half-year performance forecast for 2023. It is expected that the net profit attributable to shareholders of listed companies in the first half of the year will be 10.5 billion-11.7 billion yuan, an increase of 192.05 percent over the same period last year.

▲ Touyuan BYD announcement CTOnews.com learned from the official announcement that BYD expects its first-half net profit after deducting non-recurring gains and losses to be 9.3 billion-10.3 billion yuan, an increase of 206.99 percent over the same period last year.

With regard to performance changes, BYD said that in the first half of 2023, the new energy vehicle industry maintained rapid growth, the company's new energy vehicle sales grew strongly from a high base in the same period last year, and market share continued to rise. continue to strengthen its leading position in the new energy vehicle industry.

BYD pointed out that despite increased competition in the automotive industry in the first half of the year, the company continued to maintain a good level of profitability with its rising brand strength, expanding scale advantage and strong cost control ability of the industrial chain, as well as falling prices of upstream raw materials.

BYD also said in the announcement that the mobile phone components and assembly business benefited from the increase in the share of major customers, the growth of emerging businesses such as new energy vehicles and new smart products, increased capacity utilization, and further optimized business structure. achieve a significant improvement in profitability.