Chinese carmaker BYD'S H1 net profit down 16 pct on weak gasoline vehicle sales
August 24, 2014 at 06:54 AM EDT
SHANGHAI, Aug 24 (Reuters) - Chinese carmaker BYD Co Ltd , backed by U.S. billionaire Warren Buffett, posted a 15.5 percent drop in first-half net profit on Sunday as sluggish sales of gasoline cars offset a surge in its electric vehicle business.