BYD Co. HK:1211 posted a more than five-fold rise in net profit for the first quarter, driven by strong sales growth. The electric-vehicle maker’s net profit in the first three months of the year rose to 4.13 billion yuan ($596.5 million) from CNY808.4 million in the same period last year. However, profit retreated from the CNY7.30 billion...

Source: Wall Street Journal April 28, 2023 00:36 UTC