Chinese EV battery maker CATL posts 13.4% jump in second-quarter profit
The Star Online - Tech·2024-07-26 21:01
BEIJING (Reuters) - Chinese electric vehicle battery giant CATL's second-quarter net profit jumped 13.4% year on year, a stock market filing showed on Friday, extending gains for a second straight quarter.
CATL reported 12.36 billion yuan ($1.70 billion) in profit for the April-June quarter on a 13.2% drop in revenue to 87 billion yuan, according to Reuters calculations based on its disclosure. First-half profit was up 10.4% at 22.86 billion yuan.
……Read full article on The Star Online - Tech
Entertainment Malaysia
One-stop lifestyle app dedicated to making life in Singapore a breeze!
Comments
Leave a comment in Nestia App