Cbak energy reports fourth quarter and full year 2021 unaudited financial results

--net revenues up 80% year over year in the fourth quarter – --full-year net revenues up 40% year over year in 2021– --cbak energy turns to profitability in 2021 dalian, china , april 14, 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 fourth quarter and full year ended december 31, 2021. fourth quarter 2021 financial highlights net revenues were $27.8 million, an increase of 80% from $15.4 million in the same period of 2020.
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