echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > China Chemical > EVE Lithium's net profit rose in the third quarter

    EVE Lithium's net profit rose in the third quarter

    • Last Update: 2022-10-19
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    On October 10, EVE Lithium Energy released its performance forecast for the first three quarters, and is expected to achieve a net profit of 2.
    437 billion ~ 2.
    659 billion yuan, a year-on-year increase of 10%~20%.

    Among them, the net profit in the third quarter was 1.
    082 billion ~ 1.
    298 billion yuan, a year-on-year increase of 50% ~ 80%.

    EVE Lithium Energy said that under the premise of a large year-on-year decline in investment income from its shareholding company SMOORE International Holdings Co.
    , Ltd.
    and continued to increase investment in research and development, the performance of the first three quarters still achieved positive growth
    compared with the same period of the previous year.
    In the context of the sharp rise in the price of upstream major materials, the company adjusted the product pricing mechanism in a timely manner, and the profitability of each product line was well restored
    .
    The company's main battery business has developed well, with new factories and new production lines entering the mass production stage, the scale of shipments has grown rapidly, and the operating income and main business profit in the first three quarters have increased by about 110%
    year-on-year.

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.