Blue Lithium-ion Battery Posts 301.74% Year-on-Year Net Profit Growth, Reaching 167 Million Yuan in First Half of 2024

Blue Lithium-ion Battery: Net Profit of 167 Million Yuan in the First Half of the Year, Representing a Year-on-Year Growth of 301.74%"

Blue Lithium-ion Battery has released its semi-annual report, revealing that the company achieved a revenue of 3.065 billion yuan in the first half of 2024, representing a year-on-year increase of 36.19%. The net profit attributable to the parent company was 167 million yuan, up 301.74% year-on-year. The basic earnings per share were 0.15 yuan. During the reporting period, the destocking process for overseas major customers in the lithium battery business has largely come to an end, and relevant purchases have gradually resumed. Moreover, with the development of other customers and application scenarios, lithium battery sales have witnessed significant growth.