CATL reports 36.5% Q2 profit rise and plans A-share buyback
Net profit reached 22.5 billion yuan, revenue rose 56.9% to 147.8 billion yuan, and the buyback is worth 20 billion yuan to 40 billion yuan
Mainland Chinese battery-maker CATL reported a 36.5% rise in second-quarter net profit to 22.5 billion yuan ($3.32 billion), beating expectations as its energy storage business grew.
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