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BYD's strongest financial report is released: revenue of 777.1 billion yuan, annual dividend exceeds 10 billion yuan for the first time

On March 24, BYD released a summary of its 2024 annual report. In 2024, the company achieved operating income of 777.102 billion yuan, a year-on-year increase of 29.02%, and net profit attributable to shareholders of listed companies of 40.254 billion yuan, a year-on-year increase of 34.00%. As of the end of 2024, BYD's cash reserves were approximately 154.937 billion yuan. "The abundant cash reserves provide strong support for our rapid business development every time." BYD Chairman and President Wang Chuanfu said. Currently, BYD's main businesses include new energy vehicles, mobile phone components and assembly business, secondary rechargeable batteries and photovoltaic business. In 2024, BYD's global sales reached 4.2721 million vehicles, a year-on-year increase of 41.07%.

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