CBAK Energy Technology reports Q3 net revenues of $60.92 million and net loss of $2 million

Reuters11-10

CBAK Energy Technology reports Q3 net revenues of $60.92 million and net loss of $2 million

CBAK Energy Technology Inc. reported unaudited financial results for the third quarter and first nine months of 2025. Third quarter net revenues reached $60.9 million, up 36.5% from $44.6 million in the same period of 2024, mainly due to growth in the battery raw materials segment. The company posted a net loss attributable to shareholders of $2.0 million, compared to net income of $16.3 million a year earlier, with basic and diluted loss per share at $0.02 versus income per share of $0.18 in 2024. For the first nine months of 2025, net revenues were $136.4 million, down 9.8% from $151.2 million in 2024, primarily due to weaker battery business performance amid customer transition to upgraded products. CBAK Energy highlighted the upgrade from Model 26650 to Model 40135 at its Dalian facility and the commencement of new orders as significant business developments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CBAK Energy Technology Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9572243-en) on November 10, 2025, and is solely responsible for the information contained therein.

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Third quarter net revenues reached $60.9 million, up 36.5% from $44.6 million in the same period of 2024, mainly due to growth in the battery raw materials segment. The company posted a net loss attributable to shareholders of $2.0 million, compared to net income of $16.3 million a year earlier, with basic and diluted loss per share at $0.02 versus income per share of $0.18 in 2024. For the first nine months of 2025, net revenues were $136.4 million, down 9.8% from $151.2 million in 2024, primarily due to weaker battery business performance amid customer transition to upgraded products. CBAK Energy highlighted the upgrade from Model 26650 to Model 40135 at its Dalian facility and the commencement of new orders as significant business developments.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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