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Shipping Volume Keeps Rising, and REPT BATTERO Anticipates Profitability by 2025
1 week ago /
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Author：小编
On February 2, REPT BATTERO (00666.HK) issued an upbeat profit forecast, estimating a net profit in the range of roughly RMB 630 million to RMB 730 million for the fiscal year ending December 31, 2025. This marks a stark contrast to the net loss of approximately RMB 1.353 billion recorded for the corresponding period in 2024, signaling a remarkable shift from losses to profits. The enhanced performance is mainly ascribed to revenue growth, propelled by a surge in shipments of power and energy storage battery products. Additionally, a substantial increase in gross profit has been achieved, thanks to improved capacity utilization and the implementation of cost-cutting and efficiency-boosting measures.
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