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China CATL's shares dip after it warns of revenue fall, slowing profit growth
CATL said in a securities filing late on Tuesday that its revenue fell between 8.7% and 11.2% last year after it adjusted product prices to reflect a decline in the price of raw materials such as lithium carbonate, leading to a decline in operating income although sales volumes grew.
CATL said in a securities filing late on Tuesday that its revenue fell between 8.7% and 11.2% last year after it adjusted product prices to reflect a decline in the price of raw materials such as lithium carbonate, leading to a decline in operating income although sales volumes grew.
