BYD Profit Plunge of 55% Overshadows Record Exports and 137% Europe Surge, Stock Nears Low
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BYD has reported a significant decline in profit, which has overshadowed the company's record exports and a substantial increase in european sales. The company's stock has neared a low point, despite efforts such as dividend approval and a capital mandate. It is unclear whether the company's export efforts will be enough to offset its profit decline.