Net Profit of Dynavolt Tech Surges 1670.47% in First Three Quarters

Published: Oct 25, 2017 11:51

Save

Dynavolt Tech disclosed its quarterly report for the third quarter, saying its revenues reach 2.48 billion yuan during first three quarters, rising 170.48% on yearly basis.

SHANGHAI, Oct. 25 (SMM)－Dynavolt Tech disclosed its quarterly report for the third quarter, saying its revenues reach 2.48 billion yuan during first three quarters, rising 170.48% on yearly basis, with net profit of 92.6309 million yuan, rising 1670.47% on yearly basis. Its revenues reach 931 million yuan in the third quarters, rising 161.66% on yearly basis, with net profit of 45.411 million yuan, rising 693.21% on yearly basis. The main reason for increase is that the company’s main business keeps rising tendency and volume of orders has increased greatly on yearly basis, with operating performance rising stably.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

new energy battery

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

18 hours ago

Silicon Metal Market Review for January and Outlook for February

In January, the silicon metal market experienced a relatively loose supply-demand balance, with a theoretical inventory buildup of approximately 30,000 mt. In February, both supply and demand contracted simultaneously, and the market is expected to show a tight balance or minor destocking. The current high industry inventory still requires time to be digested, and the sustainability of destocking remains a key variable affecting price trends and market sentiment.

18 hours ago

22 hours ago

A plant in northern China is calling for bids for indium ingots and bismuth ingots

SMM, February 6 - According to SMM’s investigation of market information, a large smelter in northern China began public bidding for a certain quantity of indium ingots and bismuth ingots starting yesterday. Market sources indicate that the starting price for these indium ingots exceeds 4,000 yuan per kilogram, while the starting price for bismuth ingots is above 150,000 yuan per ton. The bidding results are expected to be announced before the Spring Festival. Market participants note that, given the clear trend of sluggish trading activity ahead of the Spring Festival, the timing of this bidding is not ideal. However, the relatively favorable starting prices have generated considerable market anticipation for the outcome of the bidding.

22 hours ago

Feb 5, 2026 19:18

[SMM Analysis] Futures Lack Momentum to Rise Further, Pre-Holiday Demand Stalls, and Stainless Steel Social Inventory Accumulation Intensifies

Feb 5, 2026 19:18