CATL: Expected net profit for the first three quarters to increase by 112.87% -132.22% year-on-year

CATL: Expected net profit for the first three quarters to increase by 112.87% -132.22% year-on-year.

On the evening of October 10th, Ningde Times announced that it is expected that the net profit attributable to shareholders of listed companies in the first three quarters of 2022 will be 16.5 billion to 18 billion yuan, an increase of 112.87% -132.22% year-on-year; The net profit attributable to shareholders of the listed company in the third quarter is expected to be 8.8 billion to 9.8 billion yuan, a year-on-year increase of 169.33% -199.94%.

Ningde Times stated that with the rapid development of domestic and international new energy industries, the market for power batteries and energy storage industries continues to grow. The company has continuously launched industry-leading product solutions, strengthened market development efforts, and released production capacity in the early stage of layout, significantly improving production and sales. While driving the company’s global market position to continue to lead, it has also achieved rapid growth in profitability.