The net earnings of the first quarter, of the Chinese giant of batteries for Catl electric vehicles, grew at their fastest rate in almost two years, while an increase in income ended five consecutive quarters of decline.
The net profit in the first three months of 2025 increased 32.9% year -on -year to 14,000 million yuan (1,910 million dollars), according to a stock market presentation held on Monday. Income increased 6.2% to 84.7 billion yuan.
Currently, Catl is trying to quote on the Hong Kong Stock Exchange.
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Gains of the Chinese Catl batteries manufacturer in the 1T grow to the fastest rate in almost 2 years
Reuters previously reported that Catl aims to raise at least 5,000 million dollars with the price, which would mark the largest in Hong Kong in four years from Kuahou Technology raised $ 6.2 billion in an initial public offer.
Catl said at the end of March that the Chinese Securities Regulatory Commission had approved the sale of actions planned.
The price is scheduled for the second quarter of this year, according to the same Reuters report.
At the beginning of April, Reuters also reported that Catl was in conversations to buy a majority participation in the manufacturer of energy units for NIO electric vehicles, which operates more than 3,000 battery exchange stations in China.
With Reuters information.
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