Guangdong Tonze Electric Co.Ltd(002759) : it is estimated that the net profit in the first quarter is 400 million yuan – 440 million yuan

On March 20, Guangdong Tonze Electric Co.Ltd(002759) released the performance forecast for the first quarter of 2022. The net profit of the parent company in the first quarter is expected to be RMB 82.4 billion to RMB 74.4 billion, with a year-on-year increase of 8.4% – 74.4%.

For the reasons for performance growth, the company said that in the first quarter, the company’s lithium hexafluorophosphate production unit continued to maintain full capacity production, the production and sales volume of lithium hexafluorophosphate increased significantly compared with the first quarter of 2021, and the sales price also increased significantly compared with the first quarter of 2021.

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