The world’s largest electric vehicle battery maker saw its net profit reach US$2.3 billion in the second quarter

The company’s net profit rose 34 per cent year on year to 16.5 billion yuan (US$2.3 billion) in the three months to June, beating market estimates. That was up from a 32.9 per cent increase in the March quarter.

Second-quarter revenue grew 8.3 per cent to 94.2 billion yuan, following a 6.2 per cent gain in the previous quarter, according to a Hong Kong stock exchange filing on Wednesday.

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