Briefly

BYD revenue, net profit up in Jan-Sept

Chinese automaker BYD registered higher revenue and net profit for both the first nine months and the third quarter of this year, the company said. The Shenzhen-based company's revenue for the January-September period was 502.25 billion yuan ($70.35 billion), up 18.9 percent year-on-year. Its net profit during the period increased 18.1 percent year-on-year to 25.24 billion yuan. In the third quarter, BYD's revenue rose by about 24 percent, while its net profit climbed 11.5 percent, the company said in its quarterly report.

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