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BYD's net profit increased more than twice in 2022H1, and its NEV sales of 640,000 tripled YoY

On August 29, BYD released its financial report for H1 2022. The financial report shows that in 2022H1, BYD achieved an operating income of 150.607 billion yuan, a YoY increase of 65.71%; net profit attributable to the parent was 3.595 billion yuan, a YoY increase of 206.35%; basic earnings per share was 1.24 yuan.

Among them, the revenue of automobile, automobile-related products, and other products business was about 109.267 billion yuan, with a YoY increase of 130.31%; The revenue of mobile phone parts, assembly, and other products business was about 41.07 billion yuan, a YoY decrease of 4.78%, accounting for 72.55% and 27.27% of the group's total revenue respectively. $BYD Company ADR(BYDDY.US)$
BYD's net profit increased more than twice in 2022H1, and its NEV sales of 640,000 tripled YoY
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