【Huasheng Lithium Battery: Q3 net profit up 801% YoY and 148% QoQ】

Huasheng Lithium Battery announced that its third-quarter revenue was RMB 678 million, up 259.10% year on year; net profit was RMB 313 million, up 800.58% year on year. For the first three quarters, revenue was RMB 1.47 billion, up 172.97% year on year; net profit was RMB 536 million, swinging to profit from a year-earlier loss. The change in performance was mainly due to an increase in the sales volume of the company’s main produ

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