Contemporary Amperex Technology Co Ltd Class A

300750: XSHE (CHN)
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CATL Earnings: Revenue and Net Profit In Line; Stronger Battery Shipment Offset Sluggish Price

CATL reported a 3% year-over-year revenue decline but 14% net profit growth in the fourth quarter. Thanks to a larger battery sales volume and lower lithium prices, the operating margin was stable in the quarter compared with the previous year.

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