Highpower International (HPJ) Reports Q2 EPS of $0.17

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Go back to Highpower International (HPJ) Reports Q2 EPS of $0.17

Highpower International Reports Unaudited Second Quarter and First Half 2018 Financial Results

August 13, 2018 7:00 AM EDT

SAN DIEGO and SHENZHEN, China, Aug. 13, 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 financial results for the second quarter ended June 30, 2018.

Second Quarter 2018 Highlights (all results compared to prior year period)

Net sales for the second quarter of 2018 increased by 25.6% to $64.9 million from $51.7 million. Excluding the impact of Ganzhou Highpower Technology Co., Ltd. ("GZ Highpower"), net sales increased 32.8% to... More