BYD's Q1 2023 revenue, net income and gross margin fell QoQ.
Someone posted an article using BYD's March net income date. I've reported previously that BYD's Q1 2023 revenue, net income and gross margin fell QoQ. Read link below for related topic.
![BYD's Q1 2023 revenue, net income and gross margin fell QoQ.](https://sgsnsimg.moomoo.com/feed_image/101709443/9601b4cd9ea33c04a11e11e62ced7c68.jpg/bigmoo)
![BYD's Q1 2023 revenue, net income and gross margin fell QoQ.](https://sgsnsimg.moomoo.com/feed_image/101709443/a378898997c838f68a0252a8a44f27cc.jpg/bigmoo)
![BYD's Q1 2023 revenue, net income and gross margin fell QoQ.](https://sgsnsimg.moomoo.com/feed_image/101709443/52fe927f17713bef96f373d1e70af57d.jpg/bigmoo)
BYD's factory in China was shut down in Q1 last year due to pandemic. Hence sales and profitability (revenue, net income and gross margin) change based on YoY is a bad comparison (surely will increase). It's more accurate to compare QoQ data which someone is not showing you.
Related article:
BYD Q1 2023 Net profit, Revenue and Gross Margin fell QoQ
BYD Q1 2023 Net profit, Revenue and Gross Margin fell QoQ
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