GEM's Q3 Profit Jumps 51%, Revenue Climbs 3%

MT Newswires Live

2024/10/30

GEM (SHE:002340) posted third-quarter net profit attributable to shareholders of 202.4 million yuan, up 51% from the previous year.

The battery recycler's Q3 earnings per share went up 33% year over year to 0.04 yuan, according to a Wednesday filing with the Shenzhen bourse.

Revenue climbed 3.4% to 7.53 billion yuan.

GEM's shares were down 2% in recent trade.

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