26
Jul
08:43
CATL reports jump in H1 net profit
Leading Chinese battery firm CATL has announced an on-year increase of 153.64% in its net profit during the first half of 2023, Kallanish learns.
The company reports an operating income of over CNY 189.24 billion ($2.65 billion) in H1 2023, an on-year increase of 67.52%, with a net profit of about CNY 20.72 billion.
CATL's stock price saw an increase 0.14% after the release of this financial report on 26 July.
In H1 2023, CATL invested CNY …
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Very good overview of the weekly steel market.
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