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BYD COMPANY Opens 3%+ Lower; M Stanley Unsurprised by 32.6% Drop in 3Q NP
Recommend 21 Positive 40 Negative 37 |
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BYD COMPANY (01211.HK) opened 3.55% lower today (31st) at HKD100.5, with pre-market trading volume of 1.9308 million shares, involving HKD194 million. BYD COMPANY's 3Q25 net profit attributable to shareholders/ operating revenue fell by 32.6%/ 3.1% to RMB7.823 billion/ RMB194.985 billion. For 1-3Q25, its net profit also declined by 7.6% to RMB23.333 billion, but its operating revenue increased by 12.8% to RMB566.266 billion. Morgan Stanley commented that BYD COMPANY's 3Q25 results showed improvement from 2Q25's low point, aligning with management's guidance. Although its earnings performance wasn't impressive, the overall results should not be surprising given the market's lowered expectations. AAStocks Financial News |
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