HK-listed BYD Electronic touches 2-year low on profit slump

Byd Electronic (International) Co

29/04/2026 07:10

** Shares of BYD Electronic (International) Co 0285.HK drop 7.8% to HK$24.2, their lowest level since April 2024

** Stock on track for the biggest one-day pct decline since October 17, 2025

** Chinese mobile handset components maker said its profit attributable for quarter ended in March plunged 95.5% y/y to 27.8 mln yuan ($4.07 mln) due to currency exchange losses, with changes in product structure also hitting gross profit margin

** YTD, stock down 21.7%, while benchmark Hang Seng Index .HSI up 1.7%

($1 = 6.8366 Chinese yuan)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))