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BYD Q3 profit rises 28 percent as exports surge and inventory climbs

BYD’s third-quarter net profit rose 28 per cent on strong overseas shipments, but a sharp build-up in inventory and a shrinking cash pile raise questions about the carmaker’s direction.

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BYD’s third-quarter net profit rose 28 per cent on strong overseas shipments, but a sharp build-up in inventory and a shrinking cash pile raise questions about the carmaker’s direction.