REPT BATTERO (00666) is expected to see a mid-term revenue growth of approximately 22.4% to 29%, with a net loss reduction of about 84.8% to 92.4%.

date
21/07/2025
avatar
GMT Eight
Ruipu Lanjun (00666) announced that it is expected to achieve revenue by the end of six months ending on June 30, 2025...
REPT BATTERO (00666) announced that, for the six-month period ending on June 30, 2025, the Group expects to achieve revenue of approximately RMB 9.3 billion to 9.8 billion, representing a growth of about 22.4% to 29.0% compared to the same period last year, when revenue was RMB 7.597 billion. The net loss attributable to the company's shareholders is expected to be in the range of RMB 100 million to RMB 50 million, a decrease of about 84.8% to 92.4% compared to the net loss attributable to the company's shareholders of RMB 658 million in the same period last year. The Board of Directors believes that the main reasons for the changes in performance in this reporting period are: the continuous increase in the shipment volume of power and energy storage battery products, driving continuous revenue growth; cost reduction and efficiency improvement measures leading to a significant increase in gross profit; and effective cost control of expenses during the reporting period under the "cost reduction and efficiency improvement" strategy.