China's BYD COMPANY LTD ADR BYDDY reported a jump in its net profit for the three months ended March.
The company's net profit surged to 120.9 million yuan (US$19.4 million) in the latest quarter, versus a year-ago profit of CNY12.0 million.
Its operating revenue rose 30.35 percent to CNY15.28 billion.
For the first six months of the year, BYD projects a net profit of 400 million to 480 million, versus 360.7 million in the year-ago period.
BYD shares gained 1.40 percent to close at $12.54 yesterday.
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