BYD reported third-quarter net profit of 10 billion yuan (US$1.5 billion), up 28% from a year earlier, while revenue rose 13.6% to 211.5 billion yuan. The automaker’s overseas sales surged as China’s domestic market weakened. Geely Auto also reported a jump in third-quarter earnings, but no figures are provided.
WHO:BYD and Geely Auto
WHAT:BYD and Geely Auto reported higher third-quarter earnings, with BYD posting a 28% rise in net profit.
WHEN:Reported Oct 29, 2026 at 8:41 AM ET
WHERE:China
WHY:Surging overseas sales propelled the earnings growth as the domestic market weakened.
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