A · Important
[CATL: Net profit in the first three quarters increased by 31.60% year-on-year] On October 20, CATL (300750.SZ) announced that its third-quarter revenue was 165.221 billion yuan, a year-on-year increase of 58.58%; net profit was 21.246 billion yuan, a year-on-year increase of 14.54%. Revenue in the first three quarters was 442.137 billion yuan, a year-on-year increase of 56.19%; net profit was 64.530 billion yuan, a year-on-year increase of 31.60%. The revenue growth was mainly due to the increase in revenue driven by the growth of business scale. Xiaocai Note: The company’s Q3 net profit was 21.246 billion and Q2 net profit was 22.546 billion. Based on this calculation, Q3 net profit dropped 5% from the previous quarter.
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