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Chinese EV maker BYD's quarterly profit falls for first time in 3-1/2 years
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Chinese EV maker BYD's quarterly profit falls for first time in 3-1/2 years
Aug 29, 2025 4:43 AM

BEIJING, Aug 29 (Reuters) - Chinese electric vehicle

maker BYD's second-quarter profit fell

29.9% from a year earlier, ending a 3-1/2 year growth streak.

Net profit at the world's biggest EV producer hit 6.4

billion yuan ($894.74 million) while revenue increased 14% to

200.9 billion yuan in the three months to June 30, a stock

market filing showed on Friday.

First-half profit was up 13.8% on revenue up 23.3%.

($1 = 7.1529 Chinese yuan renminbi)

(Reporting by Qiaoyi Li, Zhang Yan and Brenda Goh

Editing by Jamie Freed and David Goodman

)

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