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BYD income soars

  • Source: Shanghai Daily
  • [16:50 December 08 2010]
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BYD i6

BYD i6

China's homegrown car maker BYD Automobile Co reported net profit more than tripled for the first quarter of this year.

First-quarter income ending in March totaled 1.7 billion yuan ($249 million), up 255 percent from 480.4 million yuan a year ago, the Shenzhen-based car maker said in a filing to the Hong Kong stock exchange.