AgenciesChina's biggest electric car maker, said it expects third-quarter net profit to more than quadruple due to robust sales and a better product mix - a forecast that sent its shares surging.
It predicted net profit for the July-September quarter to come in between 5.5 billion yuan to 5.9 billion yuan ($765 million-$820 million), or an increase of 333% to 365.1% from the same period a year earlier.
BYD's Hong Kong shares gained 4% on Tuesday morning while its shares in Shenzhen climbed 5%.
It predicted net profit for the July-September quarter to come in between 5.5 billion yuan to 5.9 billion yuan ($765 million-$820 million), or an increase of 333% to 365.1% from the same period a year earlier.
BYD's Hong Kong shares gained 4% on Tuesday morning while its shares in Shenzhen climbed 5%.
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