Inicio BYD Chinese EV Giant BYD Says Annual Net Profit Down 19 Percent

Chinese EV Giant BYD Says Annual Net Profit Down 19 Percent

Chinese EV Giant BYD Says Annual Net Profit Down 19 Percent

Chinese electric vehicle giant BYD said on Friday its annual net profit in 2025 fell 19 percent from a year earlier as it battled weak spending and fierce competition at home while looking to expand overseas.

BYD’s net profit attributable to shareholders last year was 32.6 billion yuan ($4.7 billion), down from 40.3 billion yuan in 2024, the company said in a filing to the Hong Kong Stock Exchange.

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