CATL’s H1 CY 2022 net profit grows 82.17% y/y to USD1.19 billion
CATL’s gross margins in CY2019, CY2020 and CY2021 were 29.06%, 27.76%, and 26.28%, respectively. But it dropped to 14.48% in Q1 CY2022, which was a record low for the company
China’s largest battery manufacturer Contemporary Amperex Technology Company Ltd (CATL) has posted a revenue of CNY112.97 billion (USD16.5 billion) in H1 CY2022, up 156.32% y/y, according to a news report published by CNEVPOST on 24 August 2022. The news report cited a financial report released by the company in the local language.
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