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An announcement from BYD Co ( (HK:1211) ) is now available.
BYD Company Limited announced an estimated net profit increase of 86.04% to 118.88% for the first quarter of 2025 compared to the same period last year, driven by record NEV sales and substantial growth in international markets. The company’s strategic expansion of economies of scale and vertically integrated operations have significantly boosted its overall business profitability, further solidifying its position as a global leader in the NEV industry.
More about BYD Co
BYD Company Limited, incorporated in the People’s Republic of China, is a leading player in the new energy vehicle (NEV) industry. The company focuses on the production and sale of NEVs and has established itself as a global leader in NEV sales volume.
YTD Price Performance: 33.04%
Average Trading Volume: 161,268
Technical Sentiment Signal: Strong Sell
Current Market Cap: $147.3B
For detailed information about 1211 stock, go to TipRanks’ Stock Analysis page.