Chinese Automaker BYD Sees Profits Surging in 2013


SHANGHAI, Oct 29 (Reuters) - Chinese carmaker BYD Co Ltd , backed by U.S. billionaire Warren Buffett, forecast 2013 profit may rise more than seven-fold from last year, after the company posted robust quarterly results that beat analyst estimates. BYD is in the midst of a revival thanks to demand for its traditional gasoline-fuelled vehicles, which account for half of the company's revenues, and an improvement in its solar cell business. It also makes electric cars. Net profit for ...


To access this content simply register below now.
Registering is easy and allows you to:

  • Access all public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!

Already registered? here.

more data and Insights


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×