Motive battery manufacturer Leoch records sharp sales jump

News Story
- 26 Sep 2024 ( #1198 ) - Singapore
1 min read
Motive power battery maker records sharp jump in sales
Motive power battery maker records sharp jump in sales

Singaporean battery and energy storage solutions provider Leoch Battery has recorded a 10.5% increase in its motive power business for the six months to 30 June 2024, according to the company’s Interim Report.

Leoch’s motive power battery business accounted for 9.1% of the group’s total sales for the six months to 30 June 2024 with sales amounting to USD97.4 million.

Leoch Battery’s total sales for the period were USD444.6 million, a y-o-y jump of 9.9%.

“In industrial settings, our motive power batteries (including both our lead-acid and lithium types), are widely used in forklifts, material handling equipment and other heavy machineries, due to their durability and cost-effectiveness,” Leoch says in its report. 

“The group’s growth in this segment has accelerated, particularly as industries continue to automate and expand their operations. The versatility of lead-acid and lithium batteries in powering a range of industrial equipment ensures a sustained demand from the market.”

Toyota signs Thai MoU
Toyota signs Thai MoU 3 Apr 2025 - Bangkok, Thailand - 1 min read
Eternity Technologies acquires Indian battery hub
Eternity Technologies acquires Indian battery hub 20 Feb 2025 - Dubai, United Arab Emirates - 1 min read
RoyPow opens dedicated production line
RoyPow opens dedicated production line 16 Jan 2025 - Guangdong, China - 1 min read
Do you have materials handling news? Submit your news here
Inside The News
In this week’s Forkliftaction News we wrap up our coverage of ProMat 2025 with a look at some more of the product launches at the Chicago event. We also reveal the new leadership team for Toyota Material Handling North America and which forklift manufacturer has expanded its production from Shanghai... Continue reading

PREMIUM business

Lift Tek Elecar
Global leader in the design and manufacture of masts, carriages, integral sideshifters & fork positioners.

Transparent, effective, accountable. With Forkliftaction advertising you will know exactly what to expect before the start of your next campaign.

Tell us your objectives and we’ll propose a competitively priced, brand-centred campaign with your CPM* fixed at the campaign’s start. Geo-targeted campaigns available!

For audience statistics and a concise overview of our advertising offer DOWNLOAD our Media Kit.

* CPM = Cost-Per-Thousand impressions 

Words of support …

I know I can count on them. They give valuable suggestions on the campaign planning, and to publish content is as easy as abc, as they take care of the material layout and check links. This is a great support.

Annalisa Castellini, Marketing Manager - Bolzoni S.p.A.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Looking for ambitious dealers worldwide.

Your chance to join the leading forklift lithium battery brand is here.
Exclusive zones are waiting for you! Join BSLBATT's leading innovation in forklift lithium battery technology.
Join hands for success. Enjoy full support and huge profit potential.

Contact us now - www.lithiumforkliftbattery.com 

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Looking for ambitious dealers worldwide.

Your chance to join the leading forklift lithium battery brand is here.
Exclusive zones are waiting for you! Join BSLBATT's leading innovation in forklift lithium battery technology.
Join hands for success. Enjoy full support and huge profit potential.

Contact us now - www.lithiumforkliftbattery.com