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CBAK Energy Technology | 10-K: FY2024 Annual Report
Earnings Call Summary | CBAK Energy Technology(CBAT.US) Q4 2024 Earnings Conference
CBAK Energy Technology (CBAT.US) has an annual revenue of 0.17661 billion US dollars for 2024 and a net income of 11.79 million US dollars.
On March 17, Gelonghui reported that CBAK Energy Technology (CBAT.US) announced its financial performance for the 2024 fiscal year. In 2024, revenue was $0.17661 billion, a year-on-year decrease of 13.61%, mainly due to the decrease in net income from the acquired raw material production unit Hitrans; gross profit was $41.75 million, a year-on-year increase of 31.68%; net income attributable to shareholders was $11.79 million, compared to a net loss of $2.45 million for the same period in 2023; basic and diluted earnings per share were both $0.13. During the reporting period, battery sales revenue was $1.3659.
