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End-of-day quote
Other stock markets
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5-day change | 1st Jan Change | ||
| 179.3 CNY | +0.66% |
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+2.01% | +9.82% |
| Jul. 15 | Tianqi Lithium Mulls Construction of Battery Factory in Europe | MT |
| Jul. 15 | CATL Plans Fundraiser for Worldwide Supply Chain | MT |
SHANGHAI (Reuters) - China's CATL, the world's largest electric vehicle (EV) battery maker, said on Friday its third-quarter profit nearly tripled, buoyed by rapid expansion in production to power the growth of EVs worldwide.
CATL, whose clients include Tesla, Volkswagen and BMW, booked a net profit of 9.4 billion yuan ($1.30 billion) from July to September, according to a company filing to the Shenzhen stock exchange.
Revenue increased 232.5% in the three-month period to 97.4 billion yuan from a year before, the company said.
The result is largely in line with an estimate provided by the company last week.
($1 = 7.2454 Chinese yuan renminbi)
(Reporting by Zhang Yan and Brenda Goh; Editing by Jan Harvey)
Price
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Change
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5d. change
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Capi.
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|---|---|---|---|---|---|
| 1,672 PTS | -0.78% | +1.06% | - | ||
| 256.6 USD | +1.55% | -2.20% | 818B | ||
| 106.1 EUR | -0.82% | -0.09% | 60.29B | ||
| 88.25 EUR | -0.71% | -1.27% | 60.84B | ||
| 63.06 EUR | -0.76% | -1.14% | 67.38B | ||
| 7.278 CNH | -0.13% | -0.17% | - | ||
| 1st Jan change | Capi. | |
|---|---|---|
| +9.82% | 108B | |
| -18.95% | 58.53B | |
| +64.51% | 26.79B | |
| -23.73% | 17.24B | |
| -36.39% | 12.92B | |
| -8.10% | 10.9B | |
| +8.48% | 4.98B | |
| -10.56% | 4.73B | |
| +8.52% | 4.4B | |
| +25.14% | 4.69B |
CATL (CONTEMPORARY AMPEREX TECHNOLOGY) 
