Contemporary Amperex Technology Co Ltd Class A

300750: XSHE (CHN)
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CATL Earnings: Results in Line; Solid Margin Gain Despite Price Competition

Contemporary Amperex Technology reported 6% year-over-year revenue growth and 33% net profit growth in the first quarter. Thanks to larger battery sales volume and lower lithium prices, the operating margin was stable in the quarter compared with a year ago.

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