On January 26, Zhongke Electric announced its performance forecast for the 2025 fiscal year. The company expects its net profit attributable to shareholders of the listed company to be in the range of Yuan 455 million to 515 million, representing a year-on-year increase of 50.00% to 70.00%.
During the reporting period, the increase in production capacity for lithium-ion battery anode materials, coupled with growing market demand from downstream electric vehicles and energy storage applications, led to a substantial rise in both production and sales volumes. Concurrently, the company advanced initiatives to reduce costs and enhance efficiency, strengthened cost control, and achieved growth in its profit scale.
Edited by Cassie Li, lixiangying@mysteel.com
