On October 26, Fulin Precision announced that in the first three quarters it achieved operating revenue of Yuan 18.323 billion, up 101.70% year on year. And net profit attributable to shareholders of the listed company reached Yuan 645 million, up 98.36% YoY.
In Q3, operating revenue stood at Yuan 7.275 billion, up 122.38% YoY. Its net profit attributable to shareholders of the listed company was Yuan 363 million, up 140.97% YoY. The growth in performance was mainly attributable to the substantial increase in operating revenue from lithium-ion battery cathode materials.
Note: The company's Q3 net profit was Yuan 363 million, and its Q2 net profit was Yuan 79 million. Based on this, Q3 net profit increased 358% quarter on quarter.
Edited by Cassie Li, lixiangying@mysteel.com
