Camel Group issued a profit forecast, expecting a net profit attributable to the parent company of 502 million to 565 million yuan in the first half of the year, an increase of 60% to 80% year-on-year

Camel Group expects its net profit attributable to the parent company in the first half of 2025 to be between 502 million yuan and 565 million yuan, an increase of 60% to 80% year-on-year. This is mainly benefited from the growth in sales of low-voltage batteries for automobiles, particularly the significant increase in low-voltage lithium batteries. In addition, the optimization of management processes, improvement in operational efficiency, decrease in period expense ratio, and increase in foreign exchange gains have also positively impacted net profit growth