Byd Company Limited’s Net Profit Rose 190.9% in First Half of 2023

Byd Company Limited (比亚迪股份有限公司) (002594.SZ) reported a net profit of 11.4 billion yuan in the first half of 2023, up 190.9% year-on-year.

Meanwhile, the company posted 260.1 billion yuan in revenue, up 72.7% year-on-year.

At the end of the reporting period, it had 591.1 billion yuan in total assets and 460.7 billion yuan in total liabilities, with a liability-to-asset ratio of 77.9%.