BYD’s H1 profit drop partly cushioned by export strength
BYD’s H1 2026 results showed a 20.5% drop in net profit, to CN¥12.33bn (US$1.84bn), with revenue falling 7.1% to CN¥344.82bn as a backsliding local market and fierce price war continue to affect all Chinese players. However, the decline obscures a meaningful recovery in Q2: net income rose 30% year-over-year to CN¥8.2bn, marking BYD's first profit increase in five quarters, as a sharp 30% Q1 drop in vehicle sales narrowed to just 3.24%.
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Subscribe
Already a member? Log in here
Login
AP by OMG
Asian-Promotions.com |
Buy More, Pay Less | Anywhere in Asia
Shop Smarter on AP Today | FREE Product Samples, Latest
Discounts, Deals, Coupon Codes & Promotions | Direct Brand Updates every
second | Every Shopper’s Dream!
Asian-Promotions.com or AP lets you buy more and pay less
anywhere in Asia. Shop Smarter on AP Today. Sign-up for FREE Product Samples,
Latest Discounts, Deals, Coupon Codes & Promotions. With Direct Brand
Updates every second, AP is Every Shopper’s Dream come true! Stretch your
dollar now with AP. Start saving today!
Originally posted on: https://www.automotiveworld.com/analysis/byds-h1-profit-drop-partly-cushioned-by-export-strength/