BYD's third-quarter financial report hit a record high, and it is expected to hit a new high in the fourth quarter

BYD's financial report for the third quarter of 2024 performed well, with revenue reaching 201.1 billion yuan, a year-on-year increase of 24%, exceeding Tesla's revenue of 180 billion yuan in the same period. BYD's profit for the quarter reached 11.61 billion yuan, a year-on-year increase of 11.5%, both of which set a new record in the company's history. It is expected that the performance in the fourth quarter may be even more impressive, and the full-year net profit may reach 41 billion to 42 billion yuan.