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Forum - Wall Street Pit (HONG KONG HIGHPOWER - HPJ)    Stock Due Diligence for All

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From: stockfella (Rep: 0)Date: 11/23/2012 10:11
Forum: Wall Street Pit - Msg #2333297 - List HPJ msgs Thread #673477957 (Rec: 0)
8 mm float - HPJ - HPJ Third Quarter 2012 Highlights mkt cap 13 mm, revs over 100 mill, 8 mill float

Grew net sales by 13.4% year-over-year and 8.5% sequentially for the third quarter of 2012 to $31.9 million
Set record sales levels in both major battery segments -- Lithium battery net sales up 87.7% over the third quarter of 2011 and 22.4% sequentially; Ni-MH battery net sales up 9.1% over the third quarter of 2011 and 0.9% sequentially
Strong gross margin expansion to 23.9% in the third quarter of 2012 from 13.8% in the third quarter 2011
Continued profitability; EPS attributable to Highpower International of $0.05 for third quarter of 2012



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