Skip to main content

Market Overview

BYD 2012 Net Profit Down 94%

Share:

Chinese BYD Co (OTC: BYDDY) reported a 94% drop in its 2012 net profit.

BYD's net profit for the year tumbled to 81.4 million yuan (US$13 million), from CNY1.38 billion, in the year-ago period.

Its 2012 revenue dropped 4% to CNY46.85 billion versus CNY48.83 billion.

BYD shares closed at $6.38 on Friday.

 

Related Articles (BYDDY)

View Comments and Join the Discussion!

Posted-In: profitEarnings News

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com