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Home / Metal News / China Listed Lead-Acid Battery Makers Report 1.05 Bln yuan in Net Profit January-September

China Listed Lead-Acid Battery Makers Report 1.05 Bln yuan in Net Profit January-September

Nov 12, 2015 13:20

Source:SMM

Eight listed lead-acid battery makers in China achieved 1.05 billion yuan in net profit, flat with a year earlier, SMM reported.

SHANGHAI, Nov. 12 (SMM) – Eight listed lead-acid battery makers in China achieved 1.05 billion yuan in net profit, flat with a year earlier, SMM reported.

The eight companies are Sacred Sun, Dynavolt Power, Narada Power, Fengfan Co., Wolong Electric Group, Wanli Group, Camel Group and Shenzhen Center Power Tech.

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Lead prices have fluctuated greatly since Q3. After continuously experiencing sharp decrease in August and September, lead prices have just ushered in a turnaround in October, but trended lower in November. As of November 30, the most-traded SHFE lead contract closed at 15,340 yuan/mt, down 2.17%.

Dec 1, 2021 18:11

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The Prices of Lead-acid Battery Scrap Rose

The purchase of the lead-acid battery scrap by the secondary lead smelters recovered slowly as they suffered losses for a long time in late September.

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The Prices of Lead-acid Battery Scrap Rose

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The average operating rate across lead-acid battery producers in Jiangsu, Zhejiang, Jiangxi, Hubei and Hebei provinces decreased 3.92 percentage points from September 24 to 64.02% as of Friday September 30.

Sep 30, 2021 17:38

Analysis

Operating Rate of Lead-Acid Battery Producers Fell 3.92% on Week

Xiamen Lead-Acid Battery Imports Break out by 70 Times in January-April 2017

Xiamen’s Port of Haicang imported 15 batches of lead-acid battery in the first four months of 2017, totaling 18,000 with value at $1.94 million.

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Xiamen Lead-Acid Battery Imports Break out by 70 Times in January-April 2017

China Lead-Acid Battery Imports up 3.47% YoY, While Exports down 11.71% YoY in March 2017, SMM Reports

China imported 928,800 of lead-acid batteries in March 2017, up 29.87% MoM and 3.47% YoY, and exported 14.01 million, up 85.13% MoM and down 11.71% YoY.

May 2, 2017 11:34

SMM Insight

China Lead-Acid Battery Imports up 3.47% YoY, While Exports down 11.71% YoY in March 2017, SMM Reports

China Introduces Product Responsibility Plan to Standardize Recycling of Scrap Lead-Acid Battery

China’s State Council has introduced the Extended Producer Responsibility (EPR) Plan recently.

Jan 5, 2017 16:06

SMM Insight

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China Introduces New and Stricter Regulations on Secondary Lead Industry, SMM Says

China’s Ministry of Industry & Information Technology introduced new Regulations for Secondary Lead Industry on December 13.

Dec 21, 2016 09:05

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Lithium Batteries Gain More Favor in Chinese Electric Bike Market

The number of electric bikes driven by lead-acid batteries posted declines in 2015 while that of electric bikes driven by lithium batteries registered gains.

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Camel Group Sees 20% Net Profit Slip January-September

Camel Group, China’s leading lead-acid battery producers, reported a slip of 20% in net profit during the first three quarters of this year, SMM learnt.

Nov 12, 2015 13:38

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China Listed Lead-Acid Battery Makers Report 1.05 Bln yuan in Net Profit January-September

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