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China's CATL third-quarter profit growth slowest in nearly two years as competition intensifies

๐Ÿ“… 2026-10-20 | ๐Ÿ“ฐ Economic Times Markets
#banking-finance #china #catl #third-quarter

CATL reports slower third-quarter profit growth as intense competition in Chinaโ€™s EV battery market weighs on earnings. Net profit rises 14.5% to 21.2 billion yuan, below estimates, while revenue grows 58.6%. CATL also unveils new...

Read more: https://economictimes.indiatimes.com/markets/us-st...