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BYD Q2 Net Profit Jumps 30% Despite Revenue Drop

8/28/2026

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Story summary
  • BYD posted a 30% rise in Q2 net profit to 8.2 billion yuan.
  • The profit beat analysts' consensus estimate of 8 billion yuan in a Bloomberg survey.
  • Revenue fell 3% to 194.6 billion yuan in the quarter.
  • Overseas sales jumped 82.5% year-on-year to 471,091 units.
  • BYD said first-half profit fell 20.5% because of weak domestic demand and higher raw-material costs.