03
Apr
08:00
Dynanomic reports 188.36% on-year increase in 2022 net profit
Shenzhen-listed leading lithium battery manufacturer Dynanomic has released its 2022 annual report. During 2022, its net profit reached CNY 2.38 billion ($345.50 million), an on-year increase of 188.36%.
Its 2022 operating income was about CNY 22.56 billion, an on-year increase of 355.30%.
Its performance in general is in line with expectations. The gross profit margin of its lithium iron phosphate cathode material sector was maintained at about 20%. I…
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