CALB Announces Mid-Year 2024 Financial Results: Revenue Jumps to RMB 12.47 Billion, Profit Soars 56.6%

Published: Aug 30, 2024 09:37

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【CALB Mid-Year 2024 Financial Results Announcement: Revenue Reaches RMB 12.469 Billion, Profit Hits RMB 417 Million】SMM learned that on the evening of August 28, CALB (China Aviation Lithium Battery Co., Ltd.) disclosed its mid-year financial results for 2024. During the reporting period, the company's operating revenue amounted to RMB 12.469 billion (Renminbi, same below), representing a year-on-year increase of 1.4%, with gross profit reaching RMB 1.948 billion. The profit for the period was RMB 417 million, a year-on-year growth of 56.6%, and the basic earnings per share were RMB 0.1405. During the reporting period, the company's primary business segments included power batteries, energy storage system products, and others. Specifically, revenue from power batteries reached RMB 9.724 billion, while revenue from energy storage system products and others totaled RMB 2.745 billion. The company's primary market lies domestically, with sales also extending to Europe, Asia, and the Americas.

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