The Board of Directors of BYD Company declared a dividend of HK$0.12345 per share. The last day to buy securities to receive the dividend is June 16, 2022. The annual dividend yield could be 0.04%.

BYD is preparing to supply batteries to Tesla in the near future. In 2020, the company officially unveiled its Blade LFP battery, which is smaller and safer than its peers. Currently, China's CATL is the only supplier of LFP batteries for Tesla.

BYD Company's IFRS net profit for 3 months of 2022 was CN¥911.51 million, up 78.4% from CN¥511.052 million in the previous year. Revenue increased by 63% to CN¥66.825 billion from CN¥40.992 billion a year earlier.

BYD will build a battery and energy storage plant in Guangxi Province of China. The total capacity of the production site will be 45 GWh per year. Investments in the project will amount to about CN¥14 billion. The plant is scheduled to be launched in 2023.