REPT BATTERO Shares Surge Over 5% Again Following Full-Year Profit Turnaround

Stock News
Feb 06

REPT BATTERO (00666) rose more than 5% again. At the time of writing, the stock was up 5.27% to HK$13.38, with a turnover of HK$58.04 million. The increase follows the company's earlier profit alert, forecasting a full-year net profit between 630 million and 730 million yuan, successfully turning last year's loss into a profit. The profit breakthrough stems from the combined effect of two key factors: sustained growth in shipments of power and energy storage battery products, which effectively drove steady revenue growth, and improved capacity utilization coupled with implemented cost-reduction and efficiency measures, leading to a significant improvement in gross profit. A research report noted that REPT BATTERO's guidance for a net profit turnaround last year, with earnings between 630 million and 730 million yuan, implies a second-half net profit of approximately 700 million to 800 million yuan. The report stated that the profit alert was a positive surprise, as the potential profit range for the second half exceeded its forecast of around 500 million yuan. The institution currently forecasts net profits of 1.3 billion yuan and 1.9 billion yuan for the company's 2026 and 2027 fiscal years, respectively, and maintains an "outperform" rating on the stock.

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