Blue Lithium Core 2024 First Half Performance Report

In the first half of 2024, Blue Lithium Core achieved operating income of 3.065 billion yuan, a year-on-year increase of 36.19%, gross profit margin increased to 15.03%, and net profit margin (excluding non-recurring items) was 124 million yuan, a year-on-year increase of 260.10%. The lithium battery business performed strongly, with revenue of 1.106 billion yuan, a year-on-year increase of 78.7%, and gross profit margin rebounded to 15.1%. LED product revenue was 751 million yuan, a year-on-year increase of 24.7%, and gross profit margin rose slightly to 15.9%. Metal logistics product revenue was 1.157 billion yuan, a year-on-year increase of 13.8%, and gross profit margin fell slightly to 14.5%.