CALB Group Forecasts Up to 160% Boost in 2025 Profit

MT Newswires Live

02/27

CALB Group (HKG:3931) expects a net profit of between 2.03 billion yuan and 2.19 billion yuan for the year 2025, up 140% to 160% from 844 million yuan a year prior, according to a Friday Hong Kong bourse filing.

The EV battery maker attributed the forecast mainly to the high growth of leading-edge technology products across business sectors.

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