A BYD car factory production line in Shenzhen. Photo: Reuters

BYD remains upbeat on new energy vehicles, after reporting interim profit declined 24pc

The maker of vehicles, mobile handsets and rechargeable batteries reported profit of 1.72 billion yuan in the first half, a fall of 23.8 per cent as state subsidy reductions weighed on electric car sales

Topic |   Hong Kong company reporting season

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A BYD car factory production line in Shenzhen. Photo: Reuters
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