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BOJ: INFLATION EXPECTATIONS LIKELY TO CONTINUE INCREASING MODERATELY
2026-04-28
BOJ: INFLATION EXPECTATIONS LIKELY TO CONTINUE INCREASING MODERATELY
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2026-04-28
CORRECTED-INDONESIA TO CUT LPG IMPORT DUTY TO 0% FOR PETROCHEMICAL INDUSTRY (NOT NAPHTHA) - ECON MINISTER
CORRECTED-INDONESIA TO CUT LPG IMPORT DUTY TO 0% FOR PETROCHEMICAL INDUSTRY (NOT NAPHTHA) - ECON MINISTER
2026-04-28
BYD quarterly profit fell 55% to 4.08 billion yuan in Q1, its lowest in over three years; revenue dropped 12% to 150.2 billion yuan. It marked a fourth straight decline amid EV competition from Xiaomi and Geely, with discounts hitting a two-year high and eroding margins. Analysts say pressure may ease but remain cautious. Overseas sales rose over 50%, exports reached 45%, supporting a 1.5 million overseas target.
BYD quarterly profit fell 55% to 4.08 billion yuan in Q1, its lowest in over three years; revenue dropped 12% to 150.2 billion yuan. It marked a fourth straight decline amid EV competition from Xiaomi and Geely, with discounts hitting a two-year high and eroding margins. Analysts say pressure may ease but remain cautious. Overseas sales rose over 50%, exports reached 45%, supporting a 1.5 million overseas target.
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