---
title: "China's CATL beats estimates as profit growth quickens"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278390271.md"
description: "BEIJING, March 9 (Reuters) - Chinese electric vehicle battery maker CATL’s net profit rose by a better-than-expected 57.1% in the fourth quarter, as it navigated oversupply issues and geopolitical headwinds in the face of intensifying competition.Fourth-quarter profit rose 57.1% from a year earlier to 23.17 billion yuan ($145 million), compared with a 41.2% rise in the third quarter, the biggest gain in two-and-a-half years, according to a stock filing on Monday. The fourth-quarter number was above LSEG’s forecast of 40.9% increase. ($1 = 6.9165 Chinese yuan renminbi)"
datetime: "2026-03-09T12:19:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278390271.md)
  - [en](https://longbridge.com/en/news/278390271.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278390271.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/278390271.md) | [繁體中文](https://longbridge.com/zh-HK/news/278390271.md)


# China's CATL beats estimates as profit growth quickens

BEIJING, March 9 (Reuters) - Chinese electric vehicle battery maker CATL (300750.SZ) ’s net profit rose by a better-than-expected 57.1% in the fourth quarter, as it navigated oversupply issues and geopolitical headwinds in the face of intensifying competition.

Fourth-quarter profit rose 57.1% from a year earlier to 23.17 billion yuan ($145 million), compared with a 41.2% rise in the third quarter, the biggest gain in two-and-a-half years, according to a stock filing on Monday. The fourth-quarter number was above LSEG’s forecast of 40.9% increase. ($1 = 6.9165 Chinese yuan renminbi)

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- [CATL (03750.HK)](https://longbridge.com/en/quote/03750.HK.md)
- [CATL (300750.CN)](https://longbridge.com/en/quote/300750.CN.md)

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