Delixi New Energy Technology Co.,Ltd.’s Net Profit Rose 1754.1% in First Quarter of 2022

Delixi New Energy Technology Co.,Ltd. (德力西新能源科技股份有限公司) (603032.SH) reported a net profit of 51.7 million yuan in the first quarter of 2022, up 1754.1% year-on-year.

Meanwhile, the company posted 134.9 million yuan in revenue, up 1077.9% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 664.8 million yuan in total liabilities, with a liability-to-asset ratio of 44.2%.