By Yi Wei Wong
Contemporary Amperex Technology Co.'s net profit more than doubled in the third quarter, driven by a surge in sales volume.
The Tesla Inc. supplier said in a release Saturday that its net profit jumped to 9.42 billion yuan ($1.30 billion) in the quarter thanks to higher sales.
Revenue more than tripled to CNY97.37 billion, the electric-vehicle battery supplier said.
Write to Yi Wei Wong at yiwei.wong@wsj.com
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