REPT BATTERO (00666) Issues Profit Alert, Anticipates 2025 Net Profit Between Approximately RMB 630 Million and RMB 730 Million, Turning Loss into Profit Year-on-Year

Stock News

Feb 02

REPT BATTERO (00666) has announced that it expects to record a net profit for the year ending December 31, 2025 (the reporting period) ranging from approximately RMB 630 million to approximately RMB 730 million. This represents a significant turnaround from the net loss of approximately RMB 1.353 billion reported for the year ending December 31, 2024. According to the announcement, the shift to profitability is primarily attributed to the combined effects of the following factors: a continuous increase in the shipment volume of power and energy storage battery products, which drives sustained revenue growth; and a notable improvement in gross profit margins resulting from enhanced capacity utilization and cost-reduction and efficiency-improvement measures.

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