China: BYD sees Q1 net profit fall 84%

BYD Company has reported revenue of Yuan 11,710.3m (US$1.81bn) in the first three months of 2011, a year-on-year fall of Yuan 1,536.2m, or 11.6% from the Q1 2010 result of Yuan 13,246.5m. The company noted this decline was mainly due to a fall in automobile sales volume and revenue as Subscribe to Automotive World to … Continued

• By Webmaster
• June 29, 2011