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Chinese EV Giant BYD Says Q3 Profit Down 33%
(MENAFN- The Peninsula)
AFP
Beijing: Chinese electric vehicle giant BYD said on Thursday its third-quarter profit had slumped by 33 percent year-on-year, its second consecutive quarterly decline.
The carmaker said its net profit for the quarter was 7.8 billion yuan ($1.1 billion), a decrease of 32.6 percent compared to the same period last year.
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