FinanceCnEVPostabout 2 hours ago
CATL Q3 Profit Hits $3.16 Billion
2 min read
CATL reported third-quarter net profit of 21.25 billion yuan ($3.16 billion), a 14.54% year-on-year rise. Revenue surged 58.58% to 165.22 billion yuan, though gross margin fell to 22.72%. The company attributed growth to business expansion while costs rose 61.61%.
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