---
title: "China's CATL posts slower profit growth in first quarter"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282842364.md"
datetime: "2026-04-15T12:16:17.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282842364.md)
  - [en](https://longbridge.com/en/news/282842364.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282842364.md)
---

# China's CATL posts slower profit growth in first quarter

BEIJING, April 15 (Reuters) - Chinese electric vehicle battery giant CATL’s (300750.SZ) net profit growth slowed in the first quarter, as domestic EV demand softens, intensifying supplier competition.

First-quarter net profit rose 48.5% in the first quarter from a year earlier to 20.7 billion yuan ($3.03 billion), versus a 57.1% increase in the fourth quarter, according to a stock filing on Wednesday. That beat estimated growth of 20.9% in a poll of analysts complied by LSEG.

Revenue rose 52.5% to 129.1 billion yuan, against a 36.6% increase in the fourth quarter and above analysts’ forecast of a 35.7% gain.

($1 = 6.8205 Chinese yuan renminbi)

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