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CATL Interim Results Show Faster Storage Revenue Growth and Higher Profit

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CATL reported H1 2026 operating revenue of RMB 276.917 billion, up 54.80% year-on-year, with capacity utilisation at 94.86%. Storage revenue growth outpaced power batteries, with stationary storage battery system revenue rising to RMB 53.261 billion (+87.54% YoY) and gross margin at 23.96%. Net profit attributable to owners was RMB 3.301 billion (+105.66% YoY).

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