Highpower International: 2011 Q4 Financial Results

Highpower International, Inc. (NASDAQ:HPJ) reported its 2011 fourth quarter financial results.

As quoted in the press release:

Fiscal Year 2011 Highlights

• Net sales of $110.6 million for fiscal year 2011, an increase of 6% over fiscal year 2010 sales of $104.2 million

• Continued strong grow in Lithium segment — lithium net sales up 33% in fiscal year 2011 over fiscal year 2010; total lithium battery pieces sold increased 11%; and a 35% increase in volume per ampere hour

Click here to read the Highpower International, Inc. (NASDAQ:HPJ) press release.