A new high for the same period! BYD's revenue exceeded 150 billion: a net profit of 3.59 billion in half a year

time:2022-11-27 01:54:52 source:scripttoolbox.com author:Computer machine
A new high for the same period! BYD's revenue exceeded 150 billion: a net profit of 3.59 billion in half a year

On August 30, BYD officially released its annual report for the first half of this year. It is reported that in the first half of this year, BYD's revenue was 150.697 billion yuan, of which net profit was 3.595 billion yuan, a year-on-year increase of 206.35%. From the data point of view, BYD's net profit in the first half of this year has exceeded the net profit of the whole year of last year. It can be seen that the development speed of BYD has reached a new stage. Of course, behind BYD's dazzling performance is closely related to the hot sales of its new energy vehicles. (Image source: BYD Co., Ltd.) According to Xiao Lei, BYD's auto business accounted for about 70% of its total revenue, reaching 109.267 billion yuan. In the first half of this year, BYD sold a total of 641,400 new energy vehicles, a year-on-year increase of 315%, surpassing Tesla to become the global new energy vehicle sales leader. This also confuses many people. Why is BYD able to overwhelm its competitors and achieve such "excellent" results? On the one hand, thanks to BYD's bold layout in the field of new energy. With excellent new energy technology and strong product strength, BYD has long occupied a place in the new energy vehicle market. Not only that, BYD has also developed innovative technologies such as DM-i super hybrid, e-platform 3.0 technology and blade battery through its strong self-research capabilities, laying a solid foundation for BYD's rapid development. (Photo source: BYD Auto's official Weibo) On the other hand, it benefits from BYD's advantages in the entire industry chain. From mining to vehicle production, BYD can effectively control costs on the premise of maintaining high-efficiency production, so it is not difficult to predict that BYD's net profit can be so high. At present, the new energy vehicle market is in a stage of vigorous development. Whoever seizes the market opportunities will be able to successfully lead the development of the industry. There is no doubt that BYD has already taken the lead and has become the leading new energy vehicle company in China. Xiaolei believes that with the help of "core technology", BYD is expected to expand its advantages in the new energy vehicle market and provide assistance for the rise of domestic new energy vehicles. new energy vehicles. (Source of cover image: BYD Auto’s official Weibo)

(Responsible editor:Memory module)

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