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In addition to CLSA, BYD Co also received a Buy from DBS’s Raphael Tse in a report issued yesterday. However, on May 19, Piper Sandler maintained a Hold rating on BYD Co (Other OTC: BYDDF).
Based on BYD Co’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of HK$150.23 billion and a net profit of HK$4.08 billion. In comparison, last year the company earned a revenue of HK$170.36 billion and had a net profit of HK$9.15 billion
