Tropical Battery is reporting increased revenue for the second quarter.
The company said gross operating revenue increased, climbing from $700 million in the second quarter last year to $1.5 billion in the current fiscal year, representing an increase of approximately 121 per cent.
Tropical Battery attributes the rise to the company's recent acquisitions, which expanded its market presence and operational scale.
The gross profit also reflected this positive trend, increasing from $223 million to $489 million dollars, translating to a growth of 119 per cent.
The listed company says these figures underscore the successful integration of the new acquisitions and suggest an effective management strategy for leveraging new assets to enhance overall profitability.
All feeds
