CALB Group Co Ltd Class H

03931: XHKG (HKG)
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CALB Earnings: Revenue and Profit Missed; Higher-Than-Expected Margin Offset by Operating Expenses

CALB posted 4% year-over-year revenue growth for the second half of 2024, with shipment increase offset by sluggish battery prices. Gross margin gained a mild 25 basis points year over year, while selling and administrative expenses doubled from the previous year.

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