Dinglong Reports Growth for Q1 2022

Dinglong Reports Growth for Q1 2022

According to cninfo.com.cn, Dinglong Group’s revenue in the first quarter of the fiscal year 2022 (Q1, 2022) was RMB569.70 million (US$87.02 million), up 9.57% year-over-year, mainly due to the income increase from CMP pad business and gradual mass production of Flexible display PI paste new product.

Some other highlights include:

• Net profit increased 67.57% year-over-year to RMB 80.01 million (US$12.22 million);
• Net profit attributable to shareholders of the listed company turned out to be RMB71.37 million (US$0.21 million), up 90.12% year-over-year;
• Net profit attributable to shareholders of the listed company after deduction of non-recurring gains and losses turned out to be 66.70 million (US$10.19 million), up 27.23% year-over-year;
• Cash flow generated by operating activities turned out to be RMB72.49 million (US$11.10 million), up 213.64% year-over-year.

During the reporting period, Dinglong’s operating performance increased compared to the same period last year, with basically flat revenue from aftermarket printing and copying consumables.

Related:

• Dinglong Reports Significant Growth in Fiscal Year 2021
• Dinglong’s Fast and Continued Growth Wows
• Dinglong Reports Significant Profit Growth in Q3
• Dinglong Group Thrives Through COVID-19 Crisis
• Dinglong Group Launches Patented Safe Solution Range

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