Contemporary Amperex Technology Co Ltd Class A

300750: XSHE (CHN)
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CATL Earnings: A Small Beat in Profit and Battery Volume; Moat Upgraded to Narrow

Contemporary Amperex Technology, or CATL, reported 57% year-over-year revenue growth and 36% net profit growth in the second quarter. Despite higher battery shipment volumes, margins declined sequentially due to cost pressures.

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