Highpower International (HPJ) Reports Q4 EPS of $0.31

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Go back to Highpower International (HPJ) Reports Q4 EPS of $0.31

Highpower International Reports Unaudited Fourth Quarter and Full Year 2017 Financial Results

April 2, 2018 7:00 AM EDT

SAN DIEGO and SHENZHEN, China, April 2, 2018 /PRNewswire/ -- Highpower International, Inc. (NASDAQ: HPJ) ("Highpower" or the "Company"), a developer, manufacturer, and marketer of lithium ion and nickel-metal hydride (Ni-MH) rechargeable batteries, battery management systems, and a provider of battery recycling, today announced its unaudited financial results for the fourth quarter and year ended December 31, 2017.

Fourth Quarter 2017 Highlights (all results compared to prior year period)

Net sales for the fourth quarter of 2017 increased by 47.0% to $79.2 million from $53.9 million. Gross profit for the fourth... More