Camel shares: net profit in the first half of the year increased by 12.87% year-on-year

According to the 2017 semi-annual report released by Camel Group Co., Ltd., in the first half of 2017, the company's lead-acid battery output was 9,934,300 KVAH, an increase of 3.36%; operating income was 3,194,297,600 yuan, an increase of 28.83%, net profit of 224,490,800 yuan. It increased by 12.87% year-on-year, and the tax paid was 26,985.27 yuan, a year-on-year increase of 4.14%, of which the consumption tax was paid 105,111,200 yuan.

The report pointed out that the company reached equity investment in Camel Group Xinjiang Battery Co., Ltd., Malaysia Camel Power Co., Ltd., Camel Group Anhui Renewable Resources Co., Ltd., Croatia Rimac Automobili doo in the first half of the year, and the company's domestic and international industrial layout, technology upgrades and The core competitiveness has played a positive role.

In addition, the second half of the year is the traditional peak season for lead-acid battery market. The company's battery production and sales will maintain steady growth; Camel Huanan Company's 150,000-ton waste battery recycling project has obtained hazardous waste business license, and will gradually be put into production in the second half of the year. The total planned production capacity of the completed layout has reached 510,000 tons, and the target has reached 800,000 tons in the next three years. After the accumulation of new energy battery business in the early stage, it is expected to gradually expand production and sales in the second half of the year. The company maintains good expectations for its 2017 operating results.