SHANGHAI, Jul. 13 (SMM) – China’s large battery maker Fengfan Co. registered a 36.87% year-on-year rise in profit in the first half of 2015 as its battery sales shot up, the company said in a statement filed to Shanghai Stock Exchange.
The company made a profit of 99.76 million yuan ($16.82 million) in the first half, and its operating income climbed 48.08% to 124.27 million yuan, thanks to sharp increase in its battery sales, particularly automobile batteries.
The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn