CBAK Energy Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results
CBAK Energy Technology, Inc. (CBAT)
Company Research
Source: PR Newswire
DALIAN, China, March 15, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provider in China, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2023.Fourth Quarter of 2023 Financial HighlightsNet revenues from sales of batteries were $36.8 million, an increase of 30.9% from $28.1 million in the same period of 2022.- Net revenues from batteries used in light electric vehicles were $1.4 million, a decrease of 69.5% from $4.5 million in the same period of 2022.- Net revenues from batteries used in electric vehicles were $0.5 million, a decrease of 88.8% from $4.7 million in the same period of 2022. - Net revenues from residential energy supply & uninterruptible supplies were $35.0 million, an increase of 84.3% from $19.0 million in the same period of 2022.Gross margin for the battery business was 36.0%, an i
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CBAT
News
- CBAK Energy Technology, Inc. (NASDAQ:CBAT) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Strong week for CBAK Energy Technology (NASDAQ:CBAT) shareholders doesn't alleviate pain of three-year loss [Yahoo! Finance]Yahoo! Finance
- CBAK Energy Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results [Yahoo! Finance]Yahoo! Finance
- CBAK Energy to Report Fourth Quarter and Full Year 2023 Unaudited Financial Results on Friday, March 15, 2024PR Newswire
CBAT
Earnings
- 11/9/23 - Beat
CBAT
Sec Filings
- 4/29/24 - Form 10-K/A
- 4/16/24 - Form S-8
- 3/15/24 - Form 10-K
- CBAT's page on the SEC website