Highpower International (HPJ) Reports Q1 EPS of $0.02

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Go back to Highpower International (HPJ) Reports Q1 EPS of $0.02

Highpower International Reports Unaudited First Quarter 2019 Financial Results

May 13, 2019 7:00 AM EDT

SAN DIEGO and SHENZHEN, China, May 13, 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 first quarter ended March 31, 2019.

First Quarter 2019 Highlights (all results compared to prior year period)

Net sales for the first quarter of 2019 increased 16.7% to $58.1 million from $49.8 million. Lithium business net sales increased 16.8% to $42.7 million from $36.6 million.... More