Cbak energy reports first quarter 2022 unaudited financial results

– net revenues up 752% year over year in the first quarter – dalian, china , may 19, 2022 /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 first quarter ended march 31, 2022. first quarter 2022 financial highlights net revenues were $80.2 million, an increase of 752% from $9.4 million in the same period of 2021.
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