CATL's net profit increased by 7% in the first quarter, and northbound funds increased their holdings by 33.8087 million shares

Battery manufacturer CATL recently released its first quarter financial report for 2024. The report shows that the company achieved revenue of 79.771 billion yuan in the quarter, a year-on-year decrease of 10.41%; net profit attributable to the parent company was 10.5 billion yuan, a year-on-year increase of 7%. At the same time, northbound funds increased their holdings of CATL by 33.8087 million shares in the first quarter, and the total number of shares currently held has reached 457 million shares.