BYD posts 350% jump in Q3 net profit

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BYD’s net profit for the July-September quarter reached 5.72 billion yuan ($788.75 million), while that for the first nine months increased 281% to 9.31 billion yuan, the company said in a stock exchange filing on Friday.

The result was in line with a forecast the company published last week.

($1 = 7.2520 Chinese yuan renminbi)