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30 Mar
14:57

BYD reports decrease in net profit despite rising sales

Chinese leading automaker BYD recently released its 2021 annual report, in which BYD stated that its 2021 operating income increased 38.02% year-on-year while its 2021 net profit attributable to parent decreased 28.08%.  According to the report released on 30 March via Shenzhen Stock Exchange, during 2021, its net profit experienced a sudden decrease in the fourth quarter while its operating income grew steadily throughout the entire year, Kallanish lear…
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