United Power Technology AG announced earnings results for the nine months of 2015. For the nine months, the company reported 18.5% revenue growth to a total of EUR 91.3 million, due to a favorable exchange rate against EUR 77.1 million. In terms of RMB, which is the group's functional currency, revenues slightly decreased by 1.7%.

Compared to the same period of the previous year the group's EBIT decreased by 7.3% to EUR 10.1 million against EUR 10.9 million a year ago. This is mainly because of lower other income as well as higher other expenses and increased investments in research and development during the reporting period. Ultimately, the group's profit for the period decreased by 16.8% to EUR 6.7 million against EUR 8.1 million a year ago.