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25 Jul
04:00

Jiangsu Azure posts 301.7% on-year profit surge

Shenzhen-listed battery manufacturer Jiangsu Azure has released its financial performance for the first half of this year. Its H1 net profit is reported to be CNY 167 million ($23m), an on-year surge of 301.74%, Kallanish Power Materials learns.  Currently, the company is mainly engaged in three business areas: lithium batteries, light emitting diode (LED) chips and metal logistics and distribution. It has more than 20 holding subsidiaries in Chinese cities, …
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