CATL records 44% net income growth

By Xinhua News Agency

Mar 18, 2024 12:19 am

FUZHOU, China: Contemporary Amperex Technology Co., Ltd. (CATL), China's largest automotive lithium-ion battery maker, posted strong net profit growth of 44 percent in 2023.

Net profit attributable to its shareholders surged to 44.1 billion yuan (about $6.21 billion) in the period, CATL said in its annual report filed to the Shenzhen Stock Exchange Friday.

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