REPT BATTERO (00666) announces expected net profit for 2025 to be approximately 6.3 billion to 7.3 billion yuan, turning from a loss to a profit compared to the previous year.

REPT BATTERO (00666) announced that it expects to record a net profit of approximately RMB 6.3 billion to approximately RMB 7.3 billion for the fiscal year ending December 31, 2025 (current reporting period), compared to a net loss of approximately RMB 13.53 billion for the fiscal year ending December 31, 2024, achieving a turnaround from loss to profit. The announcement stated that the turnaround to profit was mainly due to the following factors: continuous increase in sales volume of power and energy storage battery products, driving continuous revenue growth; and improvement in production capacity utilization and cost reduction measures leading to a significant increase in gross profit.