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المشهد العربي
BYD reports quarterly profit rise
BYD recorded an increase in its quarterly profits for the first time in over a year during the second quarter of 2026, benefiting from an increase in its foreign exports which helped compensate for the decline in domestic sales within the Chinese market. On a semi-annual basis, the company's profits decreased by 21% to reach 12.33 billion yuan ($1.83 billion), with revenues declining by 7.1% to 344.82 billion yuan. Additionally, the company's sales totaled 1.81 million vehicles in the first half of the year, remaining below the annual targets of 5 to 5.5 million vehicles, amidst a decline in quarterly revenues and a slight increase in profits by 3%.
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