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.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Japan must avoid more debt – IMF

China new home prices grew faster in October

Boeing raises contract offer to end strike

Apple almost beats estimates on iPhone sales

China online retailer Temu faces EU probe

BoJ warns of 'high uncertainties' after polls

China's manufacturing activity expands