The world's largest electric vehicle battery manufacturer, Ningde, predicts that due to the strong sales of batteries in the automotive industry, the company's net profit in the third quarter may be as high as 9.8 billion yuan (RMB, the same below, about 1.963 billion yuanTo.

According to Bloomberg, the Ningde Times announced on Monday (October 10) on the exchange that the net profit in the third quarter may increase by 200%year -on -year.The company headquartered in Ningde, Fujian also said that the net profit in the first three quarters of 2022 may reach 18 billion yuan, an increase of 132%over the same period last year.

The Ningde Times has promised to invest about $ 20 billion to establish a new and larger factories at home and abroad, including cooperating with Mercedes-Benz to build factories in Hungary. At the same timeIndonesia expansion.

The semi -annual performance in Ningde Times was released in August. After the Catharma started the Jedi counterattack after the annual start of the year, the net profit in the first half of the year increased by 82%year -on -year to 8.17 billion yuan.Continuous fluctuations to prevent further impact on profit margins.

It is also reported that Korean battery producer LG Energy Solution reported the third quarter of the last week's profit and sales to easily exceed expectations. Thanks to the demand for electric vehicles and the depreciation of the Korean won offset the rise of commodities.

The Ningde Times is expected to release the third quarter results next Friday (21st).