BYD: Net profit in the second quarter increased by 30% year-on-year, with a gross margin of 18.9%, reaching a nearly one-year high

BYD stated in its investor relations activities that it achieved an operating revenue of 344.8 billion yuan and a net profit attributable to the parent company of 12.3 billion yuan in the first half of 2026, with a year-on-year net profit growth of 30% in the second quarter and a gross profit margin of 18.9%, reaching a nearly one-year high; the proportion of overseas business continues to rise, coupled with a steady increase in the sales proportion of high-end brand models, and the sales proportion of high value-added products has increased, positively driving profitability; on the cost side, relying on vertical integration of the entire industry chain and large-scale manufacturing, it continues to hedge against the pressure brought by fluctuations in raw material prices

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