BYD ELECTRONIC(00285) reported a first-quarter net profit attributable to equity holders of the parent company of 27.83 million yuan, a decrease of 95.53% year-on-year.
BYD Electronics (00285) announced that in the first quarter of 2026, the group achieved a turnover of approximately 38.183 billion yuan, an increase of 3.53% year-on-year; gross profit was approximately 1.991 billion yuan, a decrease of 14.35% year-on-year; the net profit attributable to the owners of the parent company was 27.83 million yuan, a decrease of 95.53% year-on-year; earnings per share was 0.01 yuan.
BYD ELECTRONIC (00285) announced that in the first quarter of 2026, the group achieved a turnover of approximately 38.183 billion yuan, an increase of 3.53% year-on-year; gross profit was approximately 1.991 billion yuan, a decrease of 14.35% year-on-year; net profit attributable to owners of the parent company was 27.83 million yuan, a decrease of 95.53% year-on-year; earnings per share was 0.01 yuan.
The announcement stated that the net profit attributable to owners of the parent company was affected by exchange losses caused by exchange rate fluctuations. In addition, changes in product structure also to some extent affected the overall gross profit margin and profit level.
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