Senior Material’s quarterly profit surges, but investors unimpressed
Lithium ion battery separator manufacturer Shenzhen Senior Technology Material Co. Ltd. (6067.HK; 300568.SZ) on Thursday reported its revenue surged 73.6% year-over-year to 1.84 billion yuan ($276 million) in the third quarter,…
Drinda returns to revenue growth, as losses linger in third quarter
Solar cell manufacturer Hainan Drinda New Energy Technology Co. Ltd. (2865.HK; 002865.SZ) said on Wednesday its revenue fell 8.08% year-on-year to 5.22 billion yuan ($782 million) in the first nine…
CATL’s profit growth trails revenue gains in third quarter, dragged down by rising debt
Leading electric vehicle (EV) battery maker Contemporary Amperex Technology Co. Ltd. (CATL)(3750.HK; 300750.SZ) on Tuesday reported its revenue grew 58.6% year-on-year to 165 billion yuan ($24.7 billion) in the third…
Seres auto sales tumble in September
Car manufacturer Seres Group Co. Ltd. (9927.HK) on Thursday said it sold 32,218 vehicles in September, down 33.28% year-on-year. The company sold 283,161 vehicles in the first nine months of…
Hongli announces new chairman, departure of independent director
Cold rolled steel producer Hongli Group Inc. (HLP.US) on Tuesday announced a change in its chairman and resignation of one of its independent directors, citing personal reasons for both moves.…
Niu Technologies’ shipments rise 15.4% in third quarter
Electric scooter maker Niu Technologies (NIU.US) said on Monday its shipments rose 15.4% in the third quarter to 537,457 units from 465,873 a year earlier, as triple-digit gains for its…
Hong Kong-listed automakers’ market value halves this year: CPCA
Hong Kong-listed automakers had a combined market value of 870 billion yuan ($129 billion) in September, down 11% month-on-month and down by half year-on-year, the China Passenger Car Association said…
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