BYD COMPANY (01211) expects net profit attributable to shareholders in the first quarter to be between 8.5 billion yuan and 10 billion yuan, representing a year-on-year increase of 86.04% to 118.88%.

BYD Company (01211) announced that the Group expects a net profit attributable to shareholders of the listed company of 8.5 billion to 10 billion yuan in the first quarter of 2025, a year-on-year increase of 86.04% to 118.88%; basic earnings per share of 2.91 yuan to 3.42 yuan per share. In the first quarter of 2025, the new energy vehicle industry will continue to maintain strong growth momentum. As a leading company in the industry, the company's sales of new energy vehicles reached a new historical high for the same period, and overseas sales of new energy vehicles achieved a breakthrough growth, further consolidating its leading position in global new energy vehicle sales. In addition, the company's continued expansion of scale effects and vertical integration strategic layout will help the Group's business profitability achieve significant growth.