CATL Announces 2022 Interim Results

PVTIME – Contemporary Amperex Technology Co., Limited (CATL)(300750.SZ) released its 2022 Interim Results.

The company achieved an operating income of 112.971 billion yuan, a year-on-year increase of 156.32%. The net profit attributable to shareholders of listed companies was 8.168 billion yuan, a year-on-year increase of 82.17%. The net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 7.051 billion yuan, a year-on-year increase of 79.95%. Basic earnings per share was 3.5233 yuan. The company plans to distribute a cash dividend of RMB 6.5280 (tax included) to all shareholders for every 10 shares.

The company has provided customers with high-quality product and solutions while overcoming many difficulties from epidemics, supply chain and row materials. The 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% over the same period last year. The company earns reputation among overseas customers in terms of products, technology, delivery and services, and established partnership with many well-known companies over the world, supplying batteries to North America, Europe and China.

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