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Aug 24, 2022

CATL's net profit in the first half of the year was 8.168 billion yuan, an increase of 82.17% year-on-year

Recently, CATL disclosed a semi-annual report that the company's operating income for the first half of 2022 was 112.971 billion yuan, a year-on-year increase of 156.32%; the net profit attributable to the parent was 8.168 billion yuan, a year-on-year increase of 82.17%; basic earnings per share were 3.52 yuan.


According to the announcement, the company invested 5.77 billion yuan in research and development expenses in the first half of the year, a year-on-year increase of 106.5%. The company released the third-generation CTP-Kirin battery. The system integration has reached a new high in the world, the volume utilization rate has exceeded 72%, and the energy density can reach 255Wh/kg, which can support 1,000 kilometers of battery life.


According to the announcement, according to SNE Research, the company's power battery usage has ranked first in the world for five consecutive years, with a global market share of 34.8% in the first half of 2022, an increase of 6.2 percentage points over the same period last year.


The announcement stated that during the reporting period, the company successfully completed the issuance of new shares to specific objects, raising a total of 45 billion yuan, further enhancing the company's financial strength, optimizing the asset-liability structure, and providing a strong financial guarantee for the company's subsequent development.


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