Contemporary Amperex Technology Co Ltd Class A

300750: XSHE (CHN)
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CATL Earnings: Revenue In Line and Profit Beat; Solid Margin Gain Despite Sluggish Battery Price

Contemporary Amperex Technology Co. Limited, or CATL, reported 8% revenue growth year over year and 34% net profit growth in the second quarter. The margin recovery trend remains intact. With further production ramp-up, the company’s German plant turned profitable during the period.

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