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BYD Stock Drops 5% as H1 Profit Falls 20% on Weak China Demand

By Trader Edge at 2026-09-14 01:58

Sentiment: Negative

TLDR BYD stock fell nearly 5% in Hong Kong after reporting a 20.5% drop in first-half net profit to 12.33 billion yuan First-half revenue fell 7.1% to 344.82 billion yuan, hurt by weak domestic demand and fierce competition in China Q2 net profit rose 30% year on year to 8.2 billion yuan, offering some bright [...] The post BYD Stock Drops 5% as H1 Profit Falls 20% on Weak China Demand appeared first on CoinCentral. Continue reading...

Categories: Stocks

Tags: #Stocks

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