BYD Forecasts Possible 86% Profit Surge on Overseas Sales
Chinese electric vehicle (EV) giant BYD expects its net profit for last year to have surged by as much as 86.5% on the previous year, boosted by strong overseas sales and cost cuts. BYD forecast net profit for last year between $4.04 billion and $4.32 billion, an increase of at least 74.5% from a…
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