Contemporary Amperex Technology Co Ltd Ordinary Shares - Class H

03750: XHKG (HKG)
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CATL Earnings: Results Largely In Line; Strong Battery Shipments Offset Cost Pressure

Contemporary Amperex Technology, or CATL, posted 52% year-on-year revenue growth and 49% net profit growth in the first quarter. However, cost pressure led to a sequential margin decline from the previous quarter, despite higher battery volumes.

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