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CBAK Energy Technology, Inc. reports $680.5 million Q1 profit

CBAK Energy Technology, Inc. reports $680.5 million Q1 profit

The company generated $80.20 million in quarterly revenue

By USInMinutes
Published - May 10, 2023, 01:35 PM ET
Last Updated - Jul 18, 2023, 03:31 PM EDT

CBAK Energy Technology, Inc. [CBAT] has reported fiscal Q1 profit of $680.50 million.

On a per-share basis, the NV based company said its diluted earnings are $0.01.

The Misc. Electrical Machinery, Equipment & Supplies firm posted revenue of $80.20 million in this period.

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