China: BYD reports 89% fall in H1 net income

As anticipated, BYD's financial performance in the quarter and half year ended 30 June 2011 showed a continuation of the deteriorating trend seen in Q1, with a modest fall in revenue being accompanied by very significant year-on-year falls in profitability. BYD Company's revenue in the second quarter of 2011 totalled Yuan Subscribe to Automotive World … Continued

• By Webmaster
• August 23, 2011