Highpower International (HPJ) Reports Q4 EPS of $0.35

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Go back to Highpower International (HPJ) Reports Q4 EPS of $0.35

Highpower International Reports Fourth Quarter and Full Year 2018 Financial Results

March 28, 2019 7:45 AM EDT

SAN DIEGO and SHENZHEN, China, March 28, 2019 /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 fourth quarter and year ended December 31, 2018.

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

Net sales for the fourth quarter of 2018 increased 12.0% to $88.7 million from $79.2 million. Excluding the impact of the deconsolidation of Ganzhou Highpower Technology Co., Ltd. ("GZ Highpower"), net... More