EVE Lithium's net profit rose in the third quarter

On October 10, EVE Lithium Energy released its performance forecast for the first three quarters, and is expected to achieve a net profit of 2.
437 billion ~ 2.
659 billion yuan, a year-on-year increase of 10%~20%.

Among them, the net profit in the third quarter was 1.
082 billion ~ 1.
298 billion yuan, a year-on-year increase of 50% ~ 80%.

EVE Lithium Energy said that under the premise of a large year-on-year decline in investment income from its shareholding company SMOORE International Holdings Co.
, Ltd.
and continued to increase investment in research and development, the performance of the first three quarters still achieved positive growth
compared with the same period of the previous year.
In the context of the sharp rise in the price of upstream major materials, the company adjusted the product pricing mechanism in a timely manner, and the profitability of each product line was well restored
.
The company's main battery business has developed well, with new factories and new production lines entering the mass production stage, the scale of shipments has grown rapidly, and the operating income and main business profit in the first three quarters have increased by about 110%
year-on-year.