CATL sees 24% year-on-year drop in net profit in Q1 amid rising material prices
CATL's operating costs rose 199 percent year-on-year to RMB 41.6 billion in the first quarter due to rapidly rising upstream raw material prices.
CATL's operating costs rose 199 percent year-on-year to RMB 41.6 billion in the first quarter due to rapidly rising upstream raw material prices.