Sunrise New Energy, a Leading EV Battery Material Manufacturer, Announced 18.16% Revenue Growth for the Year of 2023
Sunrise New Energy Co., Ltd - Class A Ordinary Shares (EPOW)
Company Research
Source: GlobeNewswire
Revenues grew to $45.1 million in the year 2023, an increase of 18.16%Patent number grew to 27 in the year 2023, an increase of 145.45%Company expects revenues of $62.5 million for the year 2024, an increase of 38.58%Company expects to shrink its net loss attributable to the ordinary shareholders in 2024 ZIBO, China, May 23, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), announced that its net revenues increased by $7 million, or 18.16%, from $38.1 million for the year ended December 31, 2022, to $45.1 million for the year ended December 31, 2023. Revenues from graphite anode material sales business accounted for 98.52% and 98.57% of net revenues for the years ended December 31, 2023 and 2022, respectively. The Company had supplied products to 23 customers for 12,513 tons for the year ended December 31, 2023, as compared to 16 customers for 6,225 tons for year ended December 31, 2022. Sunrise continuousl
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News
- Sunrise Secures New Key Client with Significant Order [Yahoo! Finance]Yahoo! Finance
- Sunrise Secures New Key Client with Significant OrderGlobeNewswire
- Sunrise Achieves Significant Milestone with Delivery of 5,800 Tons to HiTHIUM, a Global Leading Energy Storage Battery Manufacturer [Yahoo! Finance]Yahoo! Finance
- Sunrise Achieves Significant Milestone with Delivery of 5,800 Tons to HiTHIUM, a Global Leading Energy Storage Battery ManufacturerGlobeNewswire
- Sunrise New Energy's Lithium-Ion Battery Patent Granted Key Funding in Guizhou Province [Yahoo! Finance]Yahoo! Finance
EPOW
Sec Filings
- 5/16/24 - Form 20-F
- 4/30/24 - Form NT
- EPOW's page on the SEC website