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

By USInMinutes - May 10, 2023, 01:35 PM ET

Last Updated - Jul 18, 2023, 03:31 PM EDT

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

The company generated $80.20 million in quarterly revenue

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.

Also Read:

CBAK Energy to Report First Quarter 2023 Unaudited Financial Results on Wednesday, May 10, 2023
CBAK Energy Announces Battery Orders from PowerOak, Parent Company of Top-Rated Portable Power Brand BlueTTI
CBAK Energy to Report Fourth Quarter and Full Year 2022 Unaudited Financial Results on Tuesday, April 11, 2023

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Latest News by Industry

Technology

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Stock market today: Wall Street rises with Nvidia as bitcoin bursts above $99,000

Elastic: Fiscal Q2 Earnings Snapshot

Intuit: Fiscal Q1 Earnings Snapshot

Oil & Gas

Show more

Stock market today: Wall Street rises following last week's slide

What to know about Chris Wright, Trump's choice to run the Energy Department

Trump names fossil fuel executive Chris Wright as energy secretary

Healthcare

Show more

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Stock market today: Wall Street drifts lower as the Trump trade cools

Natera: Q3 Earnings Snapshot

Manufacturing

Show more

Stock market today: Asian stocks track Wall Street gain with Nvidia report and bitcoin surge

Stock market today: Wall Street rises with Nvidia as bitcoin bursts above $99,000

Nvidia is Wall Street's most valuable company. How it got there, by the numbers

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

The company generated $80.20 million in quarterly revenue

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