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BYD COMPANY (01211.HK) 1Q Net Profit RMB4.085 billion, Down 55.4% YoY
Recommend 10 Positive 18 Negative 12 |
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BYD COMPANY (01211.HK) announced its first quarter report. Revenue amounted to RMB150.225 billion, down 11.8% YoY. Net profit attributable to shareholders was RMB4.085 billion, down 55.4%, with EPS of RMB0.448. Net profit attributable to shareholders after deducting non-recurring gains and losses was RMB4.148 billion, down 49.2%. During the quarter, development expenses rose 38.8% to RMB8.285 billion, mainly due to increased internal R&D investment. Financial expenses reached RMB2.1 billion as a result of foreign exchange losses during the period. Asset impairment losses decreased 44.4% to RMB394 million. Net cash flow generated from operating activities was RMB2.79 billion, down 67.5%, mainly due to a decrease in cash received from the sale of goods and provision of services. (de/d) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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