China EV maker BYD reports record quarterly profit of $1.42 bln in Q3
BEIJING/SHANGHAI, Oct 30 (Reuters) – China’s BYD Co Ltd (002594.SZ), opens new tab, on Monday posted record third-quarter earnings, its highest ever for any quarter, as the electric vehicle giant preserved its domestic market leadership despite softer demand and increased competition. Net profit for the third quarter reached 10.41 billion yuan ($1.42 billion), a 82.2%…
