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Byd Co Ltd (1211.HK)

1211.HK on Hong Kong Stock

68.70HKD
17 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Faurecia signs joint venture with BYD
Tuesday, 31 Oct 2017 01:00pm EDT 

Oct 31 (Reuters) - FAURECIA SA ::REG-FAURECIA SIGNS A JOINT VENTURE WITH BYD FOR SEATING SOLUTIONS.‍FAURECIA, NEW JOINT VENTURE SHENZHEN FAURECIA AUTOMOTIVE PARTS CO., LTD. TO BE OWNED 70% FAURECIA - 30% BYD).FAURECIA AND PIONEERING CHINESE ELECTRIC VEHICLE OEM NEW JV EXPECTED TO GENERATE SALES REACHING 2.4 BILLION RMB BY 2020​.‍FAURECIA CEO SAYS NEW CHINESE JV WILL ACCELERATE FAURECIA'S GROWTH WITH CHINESE OEMS, WHICH WILL REACH 40% OF GROUP'S SALES IN CHINA BY 202​.  Full Article

BYD's unit to set up auto parts JV with Faurecia
Tuesday, 31 Oct 2017 06:41am EDT 

Oct 31 (Reuters) - BYD Co Ltd <002594.SZ><1211.HK>:Says unit plans to invest 228 million yuan ($34.38 million) to set up auto parts JV with automotive equipment suppliers Faurecia China with registered capital of 760 million yuan.  Full Article

BYD sees FY 2017 net profit down 15.09 pct to 20.03 pct
Monday, 30 Oct 2017 09:33am EDT 

Oct 30(Reuters) - BYD Co Ltd <002594.SZ> : :Sees FY 2017 net profit to decrease by 15.09 percent to 20.03 percent, or to be 4.0 billion yuan to 4.3 billion yuan.Says FY 2016 net profit was 5.1 billion yuan.  Full Article

BYD's net profits down in Q3, Jan-Sept
Sunday, 29 Oct 2017 05:37am EDT 

Oct 29 (Reuters) - BYD Co Ltd <002594.SZ><1211.HK>:Says Q3 net profit down 23.9 percent y/y.Says 9-month net profit down 23.8 percent y/y.  Full Article

Byd adopts new accounting policy
Wednesday, 30 Aug 2017 01:23am EDT 

Aug 30 (Reuters) - Byd Co Ltd <002594.SZ> ::* Says it adopted new accounting policy released on May 10 by the Ministry of Finance, regarding government subsidy.* Effective June 12 .  Full Article

Byd Co says HY profit attributable down 23.75 pct
Monday, 28 Aug 2017 08:14am EDT 

Aug 28 (Reuters) - Byd Co Ltd <002594.SZ>::HY profit attributable to owners of parent down 23.75% to rmb1,723 million.Board did not recommend payment of interim dividend for six months ended 30 June 2017.HY revenue up 0.16% to RMB43,817 million.Expects net profit attributable to owners of the parent from January to September 2017 in range of rmb2.74 billion to rmb2.93 billion.  Full Article

BYD to pay FY 2016 annual div on Aug. 4
Thursday, 27 Jul 2017 09:46pm EDT 

July 28(Reuters) - BYD Co Ltd <002594.SZ> ::* Says it will pay FY 2016 dividend to shareholders of record on Aug. 3.* The company's shares will be traded ex-right and ex-dividend on Aug. 4 and the dividend will be paid on Aug. 4.  Full Article

BYD sets coupon rate for 2017 1st tranche public corporate bonds at 4.87 percent
Wednesday, 14 Jun 2017 11:11pm EDT 

June 15 (Reuters) - BYD Co Ltd <002594.SZ> ::* Says it sets coupon rate for 2017 public corporate bonds (first tranche) at 4.87 percent.  Full Article

BYD sees H1 FY 2017 net profit to down 20.3 pct to 31.4 pct
Monday, 1 May 2017 03:58am EDT 

May 1 (Reuters) - BYD Co Ltd <002594.SZ> ::* Sees net profit for H1 FY 2017 to decrease by 20.3 percent to 31.4 percent, compared to net profit of H1 FY 2016 ( 2.26 billion yuan).* Says influence from decreased subsidy for new energy vehicle and low price level of products in solar power business as main reasons for the forecast.  Full Article

BYD's Q1 net profit down 29 pct, plans up to 20 bln yuan debt financing instruments
Friday, 28 Apr 2017 08:09am EDT 

April 28 (Reuters) - BYD Co Ltd <002594.SZ><1211.HK>:Says Q1 net profit down 28.8 percent y/y.Says it plans to issue up to 20 billion yuan ($2.90 billion) debt financing instruments.  Full Article

BRIEF-Faurecia signs joint venture with BYD

* REG-FAURECIA SIGNS A JOINT VENTURE WITH BYD FOR SEATING SOLUTIONS