BYD Sees Q2 Net Income Double From Q1, Gross Margin Slips
BYD Sees Q2 Net Income Double From Q1, Gross Margin Slips
The Chinese new energy vehicle (NEV) maker reported net income of RMB 9.06 billion in the second quarter, up 32.8 percent year-on-year and up 98.36 percent from the first quarter, according to its financial report released today.This article is being updated, please refresh later for more content.
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BYD's net income in the second quarter was up 98.36 percent from the first quarter, while gross margin was 18.69 percent, down 3.19 percentage points from the first quarter.
比亞迪第二季度的淨利潤較第一季度增長了98.36%，而毛利率爲18.69%，比第一季度下降了3.19個百分點。
BYD (HKG: 1211, OTCMKTS: BYDDY) saw strong net income growth in the second quarter, despite a decline in gross margins.
儘管毛利率下降，比亞迪（HKG: 1211, OTCMKTS: BYDDY）在第二季度實現了強勁的淨利潤增長。
The Chinese new energy vehicle (NEV) maker reported net income of RMB 9.06 billion in the second quarter, up 32.8 percent year-on-year and up 98.36 percent from the first quarter, according to its financial report released today.
根據今天發佈的財務報告，這家中國新能源汽車（NEV）製造商第二季度淨利潤爲906億人民幣，同比增長32.8%，較上一季度增長了98.36%。
It reported revenue of RMB 176.2 billion in the second quarter, up 25.89 percent year-on-year and up 41.01 percent from the first quarter.
第二季度營業收入爲1762億人民幣，同比增長25.89%，較第一季度增長41.01%。
BYD's gross margin was 18.69 percent in the second quarter, flat from 18.72 percent in the same period last year and down 3.19 percentage points from 21.88 percent in the first quarter.
比亞迪第二季度的毛利率爲18.69%，與去年同期的18.72%持平，比第一季度的21.88%下降了3.19個百分點。