Highpower International (HPJ) Tops Q2 EPS by 6c

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Go back to Highpower International (HPJ) Tops Q2 EPS by 6c

Highpower International Reports Financial Results For the Second Quarter And Six Months Ended June 30, 2015

August 10, 2015 8:00 AM EDT

SAN FRANCISCO and SHENZHEN, China, Aug. 10, 2015 /PRNewswire/ -- Highpower International, Inc. (NASDAQ: HPJ), a developer, manufacturer, and marketer of lithium and nickel-metal hydride (Ni-MH) rechargeable batteries, and a battery management systems and battery recycling provider, today announced its financial results for the second quarter and six months ended June 30, 2015.

2015 Second Quarter Operating and Financial Highlights (all results are compared to prior year period)

Net sales were $38.6 million, an increase of 1.3% from $38.1 million. Lithium battery net sales increased 26.0% to $22.1 million from $17.5 million. Nickel-metal hydride (Ni-MH) net sales decreased 17.6% to... More