BYD profit soars in 2024, plans dividend and global expansion

** BYD Company Limited (HKEX: 1211) announced robust financial results for the year ended December 31, 2024, marking a significant milestone in its global rise as a leader in new energy vehicles (NEVs). Revenue jumped 29.02% year-over-year to RMB 777.1 billion, driven primarily by a greater than 40% increase in NEV sales. Profit attributable to shareholders soared by 34.00% to RMB 40.254 billion, reflecting the company's strengthened market position and operational efficiency. This strong performance allows BYD to propose a final dividend of RMB 3.974 per share.