BYDs first quarter net profit increased by four times more than 2021 throughout

China's electric vehicle giant BYD's net profit in the first quarter of this year has increased by four times, surpassing the whole year of 2021.

According to the surging news report, BYD announced the first quarter financial report on Thursday (April 27), showing that BYD achieved operating income of 120.173 billion yuan in the first quarter (RMB, Same as S $ 23.2 billion), a year -on -year increase79.83%; net profit of 4.13 billion yuan, an increase of 410.89%year -on -year.

BYD officially announced on April 3 last year that it would stop the production of fuel vehicles. In the following year, BYD's performance was super level.In 2022, BYD achieved operating income of 424.061 billion yuan, an increase of 96.2%year -on -year; net profit was 16.622 billion yuan, a year -on -year increase of 445.86%.

BYD's net profit increase in the first quarter of this year exceeded 400%again, surpassing the annual net profit of 2021 3.045 billion yuan.

For the significant increase in revenue, BYD said in the financial report that it is mainly due to the growth of sales of new energy vehicles.In the first quarter of 2023, BYD's cumulative sales were 552,100 units, an increase of 89.47%year -on -year.

It is reported that BYD Chairman Wang Chuanfu said at the 2022 performance conference on March 29 that BYD's goal was to become China's largest automobile manufacturer by the end of this year.

As early as 2022, BYD became the first time the Chinese auto market sales champion over 1.779 million vehicles of FAW -Volkswagen was over 1.779 million vehicles.History of the list.BYD's next goal is undoubtedly more than the "two brothers" of FAW -Volkswagen and SAIC Volkswagen.

According to Bloomberg, BYD's sales in the Chinese market in the first quarter of this year surpassed Volkswagen's total sales in China.However, according to the statistics of the Federation of Federation, BYD's retail sales in China in the first quarter were about 500,000 units, which was about 100,000 less than the North and South Volkswagen (FAW -Volkswagen and SAIC Volkswagen).In the first quarter, BYD maintained a year -on -year growth rate of up to 77%, while the year -on -year decrease of the north -south mass exceeded 10%.Based on this, BYD surpassed Volkswagen in the Chinese market on the string.

During the 2023 Shanghai International Auto Show, Li Yunfei, the general manager of the BYD brand and the Public Relations Department, said in an interview with surging news reporters that BYD's sales target of 3 million units this year, including Chinese and overseas markets.However, the industry and institutions generally believed that the annual sales of 3 million vehicles were more conservative, and many analysts expected BYD's sales to reach 4 million units this year.