Understanding the Market | CALB rises over 6%, with net profit in the first half increasing by over 80% year-on-year, and overseas energy storage business achieving breakthroughs
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CALB's stock price rose by over 6%, with an increase of 6.72% as of the time of publication, reaching HKD 22.88, with a transaction volume of HKD 95.9711 million. The company announced its performance for the first half of 2025, with revenue increasing by 31.7% year-on-year to CNY 16.42 billion, and net profit rising by 80.4% year-on-year to CNY 750 million. Both the power battery and energy storage battery businesses achieved significant growth, especially with breakthroughs in the energy storage business in overseas markets
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