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

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.

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