Veken battery revenue of 690 million yuan in the first half of 2016 increased by 13773%

August 8th news, Vico Battery (835456) recently released the first half of 2016 report shows that as of June 30, 2016, the first half of 2016 operating income was 690 million yuan, an increase of 108.61% over the same period of last year; net The profit was 20,465,500 yuan, an increase of 13,772.80% over the same period of the previous year.
As of June 30, 2016, the total assets of Veken battery were 1.198 billion yuan, up 26.04% from the beginning of the period. The net assets attributable to the listed company's shareholders were 255 million yuan, an increase of 7.79% over the beginning of the period.
The operating income of Veken Battery in the first half of 2016 increased by 108.61% compared with the same period of last year, which was mainly due to the significant rebound in overall operating results and the year of 2015. The overall growth rate of the downstream mobile phone industry slowed down, the industry concentration increased further, and the sales revenue during the reporting period. The substantial growth was due to improvements in the company's customer structure and product structure.
According to the data of the Dikaibei New Board Research Institute, Vico Battery is engaged in the manufacture of lithium-ion batteries, providing customized lithium battery products for consumer electronics manufacturers such as mobile phones and tablet PCs.

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