BYD Co Ltd (002594.SZ)
28 Apr 2017
BEIJING, April 28 Chinese automaker BYD Co Ltd , backed by Warren Buffett's Berkshire Hathaway Inc, expects a fall of up to 31.4 percent in first-half net profit as Beijing's cut to subsidies slows green car sales slow in China.
BEIJING, April 28 Chinese automaker BYD Co Ltd , backed by Warren Buffett's Berkshire Hathaway Inc, reported a 28.8 percent fall in net profit in the first quarter.
A real estate brokerage controlled by Warren Buffett's Berkshire Hathaway Inc on Monday announced a marketing agreement with Juwai.com, China's largest international property website, to attract wealthy Chinese citizens hoping to buy homes in the United States.
April 17 Berkshire Hathaway HomeServices on Monday said it entered a marketing agreement with Juwai.com, China's largest international property website, to attract wealthy Chinese buyers looking to purchase homes in the United States.
* Says the co proposed to pay a cash dividend of 1.78 yuan for every 10 shares as the dividend payment plan for FY 2016
BEIJING, March 28 Chinese automaker BYD Co Ltd, backed by Warren Buffett's Berkshire Hathaway Inc, forecast a 24-35 percent year-on-year fall in net profit for the first quarter, as the government reins in subsidy support for green energy cars.
* Says it expects Q1 net profit to fall 23.6-35.4 percent y/y to 550-650 million yuan ($94.42 million)
* Says prelim 2016 net profit up 78.6 percent y/y at 5.0 billion yuan ($727.75 million)
BEIJING BYD Co Ltd plans to sell electric passenger cars in the United States in about two to three years, an executive said on Thursday, as it races to be the first Chinese automaker to sell cars to American drivers.
* Sees net profit for 2016 to increase by 77.1 percent to 84.2 percent, or to be 5 billion yuan to 5.20 billion yuan