Gelonghui, April 29 | BYD Co., Ltd. (01211.HK) announced that in the first quarter of 2024, the company's revenue was 124.94 billion yuan, up 3.97% year on year; net profit attributable to shareholders of listed companies was 4.569 billion yuan, up 10.62% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 3.752 billion yuan, up 5.24% year on year; basic earnings per share were 1.57 yuan/share.
In addition, research and development expenses during the period amounted to 10.61 billion yuan, an increase of 70.10% over the previous year.