Contemporary Amperex Technology Co., Limited (SZSE:300750) Just Released Its Full-Year Results And Analysts Are Updating Their Estimates

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CATL's 2024 Profit Up 15%, Revenue Down 10%, Missing Estimate

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What Is Contemporary Amperex Technology Co., Limited's (SZSE:300750) Share Price Doing?

Simply Wall StMar 15 22:01 ET

Decrease in revenue but increase in profits! Contemporary Amperex Technology will generate over 50 billion in 2024｜Interpretations

① In 2024, Contemporary Amperex Technology's performance will see a decrease in revenue but an increase in profit, with a Net income reaching 50.7 billion yuan; ② The Battery Business remains the largest source of revenue for Contemporary Amperex Technology; ③ The inventory impairment reserve of Contemporary Amperex Technology has significantly increased compared to the previous year.

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