HK Stock Market Move | REPT BATTERO(00666) rose by over 5%, achieving a profit turnaround for the whole year. Institutions predict a pleasant surprise in the second half of the year.

REPT BATTERO (00666) rose by more than 5%, reaching a 5.27% increase to HK$13.38 as of the time of writing, with a trading volume of HK$58.04 million. On the news front, REPT BATTERO had previously announced a profit, expecting to achieve a net profit of RMB 6.3 billion to 7.3 billion for the whole year, successfully turning losses into profits. The breakthrough in profits is due to the synergistic efforts of two key factors: on the one hand, the continuous increase in the shipment volume of power and energy storage battery products, effectively driving steady revenue growth; on the other hand, the improvement in production capacity utilization and cost reduction measures are implemented, leading to a significant improvement in gross profit. Lyon issued a research report stating that REPT BATTERO predicted that last year's net profit turned losses into profits, earning RMB 6.3 billion to 7.3 billion, suggesting that the net profit for the second half of the year is around RMB 7 billion to 8 billion. Lyon expressed surprise at REPT BATTERO's profit forecast, with the potential net profit range for the second half of the year exceeding their forecast of around RMB 5 billion. The bank currently predicts profits for the company in the 2026 and 2027 fiscal years to be RMB 13 billion and 19 billion respectively, giving it an "outperform the market" rating.