By Joanne Chiu and Chester Yung 
 

HONG KONG--BYD Co. (1211.HK) expects a strong third-quarter performance after the Chinese battery and car maker on Wednesday reported a 29% rise in its first-half net profit, lifted by higher car sales and strong demand for its handset products.

The company, which is 9.1%-owned by Berkshire Hathaway Energy, a unit of Warren Buffett's Berkshire Hathaway Inc. (BRKA), said its net profit for the six months ended June 30 totaled 467 million yuan (US$72.9 million), while its first-half revenue rose 21% to CNY30.44 billion. The company didn't recommend an interim dividend.

Write to Chester Yung at chester.yung@wsj.com

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(END) Dow Jones Newswires

August 26, 2015 21:07 ET (01:07 GMT)