CATL profit growth slows in 2H amid fierce competition

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Chinese electric vehicle battery maker CATL on Tuesday projected an up to 47.1% increase in net profit to RMB 41.5 billion ($5.8 billion) in its financial year ending Dec 31. However, the year-on-year growth rate would be slowed to 9.2% over the last three months, compared with a 10.7% rise in the previous quarter and[…[…
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作者 gocpmall