Henan Liliang Diamond Co.Ltd(301071) : it is estimated that the net profit attributable to the parent company in the first quarter will increase by 128% – 152% year-on-year, and the proportion of sales of cultivated diamond business will increase

On March 27, Henan Liliang Diamond Co.Ltd(301071) announced that it is expected to realize a net profit attributable to the parent company of 93-103 million yuan in the first quarter of 2022, with a year-on-year increase of 127.89% – 152.40%. During the reporting period, the proportion of diamond business sales of the company’s high gross profit product cultivation increased significantly; Industrial diamond products have strong market demand and tight supply, and the price has increased significantly compared with the same period last year.