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CATL earns 43.2 billion in six months and rolls out another big move - 36Kr

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Key summary

2 min read
  1. CATL announced a record A-share buyback plan of RMB 20–40 billion, with the repurchased shares to be canceled, and also unveiled an interim cash dividend.

  2. In the first half, revenue rose 54.8% year on year and net profit increased 42.0%, underscoring strong operational performance.

  3. Even so, gross and net margins slipped, showing pressure from price competition and customer bargaining.

  4. Automakers are speeding up multi-supplier strategies to reduce reliance on CATL, signaling a reshaping of power across the EV battery supply chain.

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