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25 Aug
07:56

CATL's H1 operating income up 156.32% y-o-y, gross margins down

Listed battery giant CATL has released its half-year report via the Shenzhen Stock Exchange. According to this report, during the first half of 2022, its operating income reached CNY 112.97 billion ($16.49 billion), an on-year increase of 156.32%; its net profit reached about CNY 8.17 billion, an on-year increase of 82.17%; and yet most of its gross profit margins of its sectors in terms of business line, product and business area had various degrees of o…
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