CBAK Energy Tech (NASDAQ:CBAT) reported quarterly losses of $(0.03) per share which beat the analyst consensus estimate of $(0.04) by 25 percent. This is a 142.86 percent decrease over earnings of $0.07 per share from the same period last year. The company reported quarterly sales of $40.524 million which beat the analyst consensus estimate of $33.557 million by 20.76 percent. This is a 15.21 percent decrease over sales of $47.793 million the same period last year.