Do-Fluoride New Materials Co.,Ltd.’s Net Profit Dropped 82.1% in First Quarter of 2023

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 133.7 million yuan in the first quarter of 2023, down 82.1% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, down 6.9% year-on-year.

At the end of the reporting period, it had 19.4 billion yuan in total assets and 11.1 billion yuan in total liabilities, with a liability-to-asset ratio of 57.2%.