CATL Profit Growth Slows on EV Competition
Chinese battery giant CATL reported third-quarter net profit rose 14.5 percent to 21.2 billion yuan. The growth rate marked the slowest pace in nearly two years amid intensifying market competition.
Xurve View
Insights:
Xurve View
CONTEMPORARY AMPEREX TECHN-H reported a net profit rise of 14.5% to 21.2 billion yuan ($3.17 billion) in the third quarter, marking its slowest profit growth in nearly two years.
