Do-Fluoride New Materials Co.,Ltd.’s Net Profit Rose 629.4% in First Quarter of 2022

Do-Fluoride New Materials Co.,Ltd. (多氟多新材料股份有限公司) (002407.SZ) reported a net profit of 746 million yuan in the first quarter of 2022, up 629.4% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, up 112.9% year-on-year.

At the end of the reporting period, it had 13.8 billion yuan in total assets and 7 billion yuan in total liabilities, with a liability-to-asset ratio of 50.8%.