Summary by Futu AI
BYD Company Limited has released its financial statements for the six months ended June 30, 2024. The report shows that the company's revenue reached 30.113 billion Chinese yuan, an increase from 26.012 billion yuan in the same period last year. The net income was 1.411 billion yuan, a 23.4% increase year-on-year. During the period, the company's research and development expenses reached 1.962 billion yuan, demonstrating its continued investment in R&D. In addition, the company completed the cancellation of equity options incentives for BYD Semiconductor Co., Ltd. and made equity adjustments to some subsidiaries during the reporting period. The company's total assets reached 68.624 billion yuan, with total liabilities of 45.274 billion yuan, and has sufficient liquidity to support future development.