Total profits in the battery industry fell 17.9% in the first six months from a year earlier. Lithium-ion battery production rose 10.7% from a year earlier.-Shanghai Metals Market

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Total profits in the battery industry fell 17.9% in the first six months from a year earlier. Lithium-ion battery production rose 10.7% from a year earlier.

Translation 03:50:28PM Aug 20, 2018 Source:Ministry of Industry and Information Technology website
The content below was translated by Tencent automatically for reference.

SMM8, 20 March-the Ministry of Industry and Information Technology (MIIT) released data showing that from January to June 2018, the cumulative output of lithium-ion batteries in China's battery manufacturing industry was 5.797421 billion, an increase of 10.7 percent over the same period last year.

The cumulative export delivery value of the battery manufacturing industry was 48.19 billion yuan, an increase of 24.7 percent over the same period last year, and the cumulative production and sales rate reached 96 percent, an increase of 0.3 percent over the same period last year.

In terms of efficiency, the cumulative main business income of battery manufacturers above the national scale was 299.5 billion yuan, an increase of 21.9 percent over the same period last year, and the total profit realized was 11.11 billion yuan, down 17.9 percent from the same period last year.

Key Words:  Lithium  lithium battery  profit 

Total profits in the battery industry fell 17.9% in the first six months from a year earlier. Lithium-ion battery production rose 10.7% from a year earlier.

Translation 03:50:28PM Aug 20, 2018 Source:Ministry of Industry and Information Technology website
The content below was translated by Tencent automatically for reference.

SMM8, 20 March-the Ministry of Industry and Information Technology (MIIT) released data showing that from January to June 2018, the cumulative output of lithium-ion batteries in China's battery manufacturing industry was 5.797421 billion, an increase of 10.7 percent over the same period last year.

The cumulative export delivery value of the battery manufacturing industry was 48.19 billion yuan, an increase of 24.7 percent over the same period last year, and the cumulative production and sales rate reached 96 percent, an increase of 0.3 percent over the same period last year.

In terms of efficiency, the cumulative main business income of battery manufacturers above the national scale was 299.5 billion yuan, an increase of 21.9 percent over the same period last year, and the total profit realized was 11.11 billion yuan, down 17.9 percent from the same period last year.

Key Words:  Lithium  lithium battery  profit