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BYD dips 5% after revenue falls despite a Q2 profit rebound

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BYD shares dropped nearly 5% in Hong Kong following Friday’s mid-year earnings release. While the EV giant managed to break its five-quarter losing streak, it did so only because exploding international sales—now over half its total revenue…

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BYD dips 5% after revenue falls despite a Q2 profit rebound
Cryptopolitan Aug 31, 09:05 UTC

BYD dips 5% after revenue falls despite a Q2 profit rebound

BYD shares dropped nearly 5% in Hong Kong following Friday’s mid-year earnings release. While the EV giant managed to break its five-quarter losing streak, it did so only because exploding international sales—now over half its total revenue…