Jilin Oled Material Tech Co.Ltd(688378) : the net profit in the first quarter of 2022 increased by 51.61% to 70.8% year-on-year

Jilin Oled Material Tech Co.Ltd(688378) 3 on the evening of March 31, the company disclosed the performance forecast of the first quarterly report. The company expects to realize the net profit attributable to the owner of the parent company from 79 million yuan to 89 million yuan in the first quarter of 2022, with a year-on-year increase of 51.61% to 70.8%.

For the reasons for the pre increase in performance, Jilin Oled Material Tech Co.Ltd(688378) said that during the reporting period, the company’s main business continued to maintain a good growth trend. The sales revenue of organic light-emitting equipment is expected to increase by 76% year-on-year, of which the sales revenue of organic light-emitting materials is expected to increase by 10%.

It is reported that Jilin Oled Material Tech Co.Ltd(688378) is mainly engaged in the R & D, manufacturing, sales and after-sales technical services of terminal materials and steam source equipment of organic light-emitting materials in the upstream link of OLED industry chain. Among them, the organic light-emitting material is the core material for OLED panel manufacturing, and the evaporation source is the core component of the evaporation machine, the key equipment for OLED panel manufacturing.

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