Sentiment: Positive
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Why BYD Stock Is Falling Despite Its Best Quarter in Years
By Trader Edge at 2026-09-15 20:49
Sentiment: Positive
TLDR BYD posted its first quarterly profit in three years, with Q2 net profit rising 30% to 8.2 billion yuan The 30% profit growth missed analyst expectations of 48%, sending the stock lower H1 revenue fell 7.13% year-on-year to RMB344.8 billion due to weak domestic demand Overseas shipments jumped 71% in H1 to over 790,000 [...] The post Why BYD Stock Is Falling Despite Its Best Quarter in Years appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central