REPT BATTERO (00666) surged over 5% in early trading. As of press time, the stock was up 4.76% to HK$14.74, with a trading volume of HK$15.1537 million.
On the news front, REPT BATTERO announced that the group's shipment volume for the third quarter of 2025 exceeded 23GWh, setting a new quarterly shipment record for the company. Additionally, the highest monthly shipment volume exceeded 8GWh, also marking a new monthly record for the group.
Lyon believes that REPT BATTERO is a beneficiary of the recovery in ESS battery demand. The firm has raised its net profit forecast for the company this year to RMB 102 million and adjusted its net profit projections for 2026-27 to RMB 724 million and RMB 1.3 billion, respectively.