On October 23, Do-Fluoride New Materials Co., Ltd. stated at its performance briefing that in the third quarter of 2025, the company achieved operating revenue of Yuan 2.4 billion, a year-on-year increase of 5.18%, with a net profit of Yuan 26.7244 million. For the first three quarters, the cumulative operating revenue reached Yuan 6.729 billion, and the net profit was Yuan 78.0546 million, surging 407.74% YoY, indicating a significant improvement in profitability compared to the same period last year.
The company's lithium battery segment is set to achieve a production capacity of 22 GWh by the end of 2025, which will expand to 30 GWh in the first quarter of 2026 and further reach approximately 50 GWh by the end of 2026. In terms of shipments, the company expects to ship around 10 GWh this year and plans to increase shipments to 30 GWh in 2026.
Having already achieved profitability in the first three quarters of 2025, the company anticipates further profit growth in the fourth quarter as production capacity continues to ramp up. Going forward, with expanded scale and advantages in raw materials such as cathode materials, LiPF6, PVDF, and LiFSI, the company's market competitiveness is expected to strengthen continuously.
Edited by Cassie Li, lixiangying@mysteel.com
