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Sunwoda Gross Revenue Jumps Nearly 8-Fold in First Half
Aug 15,2017 17:28CST
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Source:SMM
Sunwoda’s gross revenue jumped 77.35% on a yearly basis to 5.47 billion yuan in the first half of 2017, according to its earnings report.

SHANGHAI, Aug. 15 (SMM) – Sunwoda’s gross revenue jumped 77.35% on a yearly basis to 5.47 billion yuan in the first half of 2017, according to its earnings report.

Net profit belonging to parent company was 182 million yuan, a rise of 23.78% on a yearly basis. China Securities Finance Corp became the third largest shareholder of the company, holding a 2.97% stake.

The company’s core business developed steadily during report period, with steady growth of Li-ion battery module used in cell phone and digital products. 

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