According to BYD shares the 2010 semi-annual report, the king of mobile phone batteries and automotive industry new horizon in first half operating profit of 24.246 billion yuan, up 50 %, one of the components and assembly combined revenues of 9.213 billion yuan, rechargeable batteries and other related issues have made sales of 2.043 billion yuan. In the cellular phone components and assembly services, in the case of market recovery, BYD sales of about 9.213 billion yuan, up by about 73%.
Before entering the automotive industry, BYD to produce batteries and a high market share in the mobile phone battery has an important place. September 2008, Buffett announced that participation 1.8 billion yuan Subscription 10% in BYD, BYD’s reputation makes four.
According to earnings in the first half, net profit of 2.421 billion yuan BYD, up 106%, earnings per share were 1.06 yuan. However, the chain of view, one of the second quarter over quarter revenue fell 8% in the second quarter, net income was only 717 million yuan, a quarter of 1.704 billion yuan more substantial drop of 58%.
In the cellular phone components and assembly services, in the case of market recovery, BYD sales of about 9.213 billion yuan, up by about 73%.
Period, BYD rechargeable batteries and other related issues have made sales of 2.043 billion yuan, up 6%. Among the sales of lithium-ion battery approximately 1.025 billion yuan, down by about 21%, sales of nickel over the same period in 2009, an increase of about 31.91% to approximately 810 million yuan.
