App

China's battery makers see lower revenue
Updated: June 8, 2020 21:40 Xinhua

BEIJING — China's major battery manufacturers reported lower revenue and profits during the first four months of this year, official data showed.

Revenues of major battery companies shrank 13.5 percent year-on-year to 190.61 billion yuan (about $27 billion) during the period, according to the Ministry of Industry and Information Technology.

Profits of major battery makers dropped by 19.5 percent to 5.21 billion yuan from a year earlier.

Among the industry's staple products, lithium-ion batteries logged an output of 4.15 billion units during the period, down 5.4 percent year-on-year.

Copyright© www.gov.cn | About us | Contact us

Website Identification Code bm01000001 Registration Number: 05070218

All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to www.gov.cn.

Without written authorization from www.gov.cn, such content shall not be republished or used in any form.

Mobile

Desktop

Copyright© www.gov.cn | Contact us

Website Identification Code bm01000001

Registration Number: 05070218