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BYD Reports Sharp Drop in Q1 Profit Amid Slowing Sales

Chinese electric vehicle manufacturer BYD reported a significant 55% drop in its first-quarter net profit, marking its fastest quarterly profit slide in six years. The decline is attributed to slowing sales and an ongoing price war in the Chinese market.

28 Apr, 10:52 — 28 Apr, 10:52
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Showing 1 of 6 sources
bloombergHigh6h ago

BYD Posts Lowest Quarterly Profit in Years as Price War Rages on - Bloomberg

BYD Posts Lowest Quarterly Profit in Years as Price War Rages on  Bloomberg

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Coverage Timeline

First report: bloomberg · 28 Apr, 10:52Full coverage: 6 · 3hWindow: 3h
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bloomberg28 Apr, 10:52First to report

BYD Posts Lowest Quarterly Profit in Years as Price War Rages on - Bloomberg

channel-news-asia28 Apr, 10:53

BYD's quarterly profit slide fastest in six years

FT28 Apr, 10:59

BYD profits drop by more than half as Chinese sales slow

1h later
le-figaro28 Apr, 12:07

Voitures électriques : le géant chinois BYD voit son bénéfice fondre de 55% sur un an au premier trimestre

1h later
straits-times28 Apr, 13:22

Chinese EV giant BYD reports 55% drop in Q1 net profit - The Straits Times

orf28 Apr, 14:13Latest update

Gewinneinbruch beim chinesischen Autobauer BYD

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