Search Results for "CATL"

EV battery supplier CATL says H1 net profit likely to surge 120%-150% year on year
EV battery supplier CATL says H1 net profit likely to surge 120%-150% year on year

Chinese EV battery maker CATL forecast a net profit of RMB2,004,099,400 to RMB2,277,385,700 attributable to shareholders of the public company for the first half of 2019, a year-on-year leap of 120% to 150%.

Jul. 15 , 2019
CATL signs EV battery deal with Volvo Cars
CATL signs EV battery deal with Volvo Cars

China’s power battery maker Contemporary Amperex Technology Limited (CATL) has signed a cooperation agreement with Volvo Cars to supply electric car batteries for the latter’s next-generation EVs and Polestar cars, CATL announced on May 15.

May 15 , 2019
CATL sees Q1 revenue soar 168.93% over a year ago
CATL sees Q1 revenue soar 168.93% over a year ago

China’s power battery maker CATL saw its revenue in the first quarter of the year surged 168.93% year on year to RMB9.982 billion, according to a quarterly report released by the company.

Apr. 29 , 2019
CATL forecasts 140%-170% year on year growth in Q1 net profit
CATL forecasts 140%-170% year on year growth in Q1 net profit

On April 8, CATL released a review of its performance in the first quarter of 2019, with an expected net profit ranging from RMB992 million to RMB1.16 billion attributable to shareholders of the public company, surging 140% to 170% year on year.

Apr. 9 , 2019
CATL denies reaching agreement with Tesla
CATL denies reaching agreement with Tesla

CATL hasn’t reached intent of cooperation or signed any business agreement with Tesla, the company said in a statement on March 12.

Mar. 13 , 2019
CATL reports 7.71% YoY drop in 2018 net profits attributable to shareholders
CATL reports 7.71% YoY drop in 2018 net profits attributable to shareholders

In 2018, CATL gained RMB29.611 billion in gross revenues with a year-on-year leap of 48.08%, while its net profits attributable to shareholders of the listed company declined 7.71% from the previous year to RMB3.579 billion.

Feb. 28 , 2019