Advanced Battery Technologies Inc. (ABAT) announced that its third-quarter net income was $4.8 million or $0.08 per share, compared to $4.4 million, or $0.08 per share in the third quarter of 2008. Operating income for the third quarter was $5.2 million, a 3.0% increase from $5.1 million during the third quarter of 2008.
Revenue for the third quarter was $17.7 million, a 39.9% increase from $12.7 million in the third quarter of 2008.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.