BEIJING :Chinese electric vehicle maker BYD’s second-quarter profit fell 29.9 per cent from a year earlier, ending a 3-1/2 year growth streak.
Net profit at the world’s biggest EV producer hit 6.4 billion yuan ($894.74 million) while revenue increased 14 per cent to 200.9 billion yuan in the three months to June 30, a stock market filing showed on Friday.
First-half profit was up 13.8 per cent on revenue up 23.3 per cent.
($1 = 7.1529 Chinese yuan renminbi)
