Warren Buffett backed BYD’S H1 net profit down 16%

SHANGHAI: Chinese carmaker BYD Co Ltd, backed by US billionaire Warren Buffett, posted a 15.5 per cent drop in first-half net profit on Sunday as sluggish sales of gasoline cars offset a surge in its electric vehicle business. BYD and other Chinese …

Warren Buffett backed BYD’S H1 net profit down 16%

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