CATL's net profit in the first quarter of 2024 was 10.51 billion yuan, a year-on-year increase of 7%, while revenue fell by 10.41%

News from this site on April 15, CATL announced today that its net profit in the first quarter of 2024 was 10.51 billion yuan, a year-on-year increase of 7%; revenue was 79.77 billion yuan, a year-on-year decrease of 10.41 %.

CATL’s operating costs in the first quarter of 2024 were 58.69 billion yuan, a year-on-year decrease of 16.27%; R&D expenses were 4.34 billion yuan, a year-on-year decrease of 6.71%.

This site noticed that Cui Dongshu, secretary-general of the Passenger Car Association, reported that CATL’s power battery installation market share has increased again in the past three years. It rose back to 50% and reached 55.2% in February this year, which is three times the market share of second-place BYD.

▲ Battery company market share

The above is the detailed content of CATL's net profit in the first quarter of 2024 was 10.51 billion yuan, a year-on-year increase of 7%, while revenue fell by 10.41%. For more information, please follow other related articles on the PHP Chinese website!