Dynavolt Tech's net profits sharply up by 1,670% in first three quarters
2017-10-26 17:54:55 [Print]
According to the report released by Dynavolt Renewable Energy Technology Co., Ltd. (“Dynavolt Tech”) on October 25th, the company achieved operating income of RMB2,480,321,100 in the first three quarters 2017, up by 170.48% YOY; net profits attributable to shareholders of listed company of RMB92,630,900, up by 1,670.47% YOY. In particular, the operating revenue in the third quarter was RMB930,521,300, up by 161.66% YOY; and net profits attributable to shareholders of listed company were RMB45,411,000, up by 693.21% YOY.
The company claimed that the expected performance from January to December 2017 has obvious improvement compared with that in the same period of last year. Main reasons are the continuous upward trend of its primary business, obvious year-on-year increase in various orders and stable operating business. In particular, the first automatic production line of Li-ion battery 18,650 in Fujian, a project invested by the company, began to produce in large volume with sales orderly conducted; cleaning and electric power projects progress smoothly, pushing company’s operating performance to improve constantly.
The company claimed that the expected performance from January to December 2017 has obvious improvement compared with that in the same period of last year. Main reasons are the continuous upward trend of its primary business, obvious year-on-year increase in various orders and stable operating business. In particular, the first automatic production line of Li-ion battery 18,650 in Fujian, a project invested by the company, began to produce in large volume with sales orderly conducted; cleaning and electric power projects progress smoothly, pushing company’s operating performance to improve constantly.
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